Madhusudan Masala Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting
26-03-2025 · 06:25 pm
The Board of Directors of Madhusudan Masala Limited has announced a board meeting on March 26, 2025, where they resolved to allot 80,000 equity shares of face value ₹10 each following the conversion of warrants. This decision followed the receipt of ₹1,08,60,000, representing 75% of the warrant issue price from two warrant holders. Post-allotment, the company's paid-up equity share capital stands at ₹14.47 crore, totaling 14,470,000 equity shares. The newly issued shares will rank equally with existing shares.
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