Mcon Rasayan India Limited — Board Meeting, 18-03-2025: Outcome of Board Meeting
18-03-2025 · 07:05 pm
The board meeting concluded with the approval of the allotment of 6,340 equity shares under the MCON Rasayan India Limited Employee Stock Option Scheme 2023. The shares were issued at an exercise price of ₹40 per share, leading to a capital inflow of ₹2.54 lakh (₹2,53,600). Following this issuance, the total number of equity shares stands at 73,29,090, resulting in a total issued share capital of ₹7.33 crore (₹7,32,90,900). Additionally, a one-year lock-in period was established for the new shares, expiring on March 18, 2026.
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