M.V.K. Agro Food Product Limited — QIP/Rights/Pref., 07-08-2025: Allotment of Securities
07-08-2025 | 07:05 pm
07-08-2025 | 07:05 pm
M.V.K. AGRO's board has approved issuing 3.50 crore new equity shares at Rs 90 each. This includes 45.94 lakh shares for Rs 41.35 Cr cash to non-promoters. An additional 3.04 crore shares, valued at Rs 273.78 Cr, are allotted to promoters and non-promoters through a share swap. This raises total paid-up capital from 1.55 crore to 5.05 crore shares. Post-allotment, promoter holding will be 59.82% and public 40.18%, significantly boosting company capital and altering ownership.
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