On 23 February 2021 Texmaco Rail & Engineering has allotted 93,54,839 equity shares of Re 1 each to Adventz Finance against the conversion of loan into equity shares availed by the Company from Adventz Finance.
The company also allotted 1,61,29,031 equity shares of Re 1 each to i Saroj Kumar Poddar against the conversion of loan into equity shares
availed by the Company from him.
The issue price for the aforesaid conversion was considered as Rs 31 per equity share of face
value of Re 1 each, as approved by the Shareholders and in accordance with Chapter V of the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
Track the industry of your choice with a daily newsletter specific to that industry.
Stay on top of your investments. Track stock prices in your portfolio.
NOTE :
This product is a monthly auto renewal product.
Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.