Mcon Rasayan India Limited — Board Meeting, 07-11-2024: Outcome of Board Meeting

MCON Rasayan India Limited has commenced a Qualified Institutions Placement (QIP) of equity shares. The Board approved the preliminary placement documents and set a floor price of Rs. 165.18 per share. A Board meeting is scheduled for November 11, 2024, to decide on the issue price. Additionally, the trading window for designated persons will be closed from November 7 to November 13, 2024, in relation to the QIP.