M.V.K. Agro Food Product Limited — Important, 25-07-2025: General Updates
25-07-2025 | 04:26 pm
25-07-2025 | 04:26 pm
MVK Agro Food has secured in-principle approval for a substantial preferential share issuance. This involves allotting 45.94 lakh equity shares to non-promoters for approximately Rs. 41.35 Cr in cash. Additionally, 3.04 Cr shares will be issued to promoters and non-promoters for about Rs. 273.78 Cr through non-cash consideration. This strategic move, totaling over Rs. 315 Cr, aims to bolster the company's financial position and support future growth initiatives.
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