Company news: Mukand

| Updated on August 08, 2019 Published on August 08, 2019

The board of Mukand on Thursday approved issue of cumulative redeemable preference shares on private placement basis subject to shareholders’ approval. The company plans to raise ₹5.62 crore through the issue and the funds will be used to redeem 0.01 per cent cumulative redeemable preference shares, it said. Shares of Mukand closed 2.5 per cent higher at ₹34.55 on the BSE.

Published on August 08, 2019
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