Fundraise / allotmentNotableFiled on NSE ·

Madhya Bharat Agro Products Ltd approves shareholder proposals and appoints director

Madhya Bharat Agro Products · Fertilizers & Agrochemicals

Arthneeti Research DeskPublished 1 min read
₹2,500 CrFundraise / allotment

Key highlights

  • Board approved increasing borrowing powers and asset charge limits to ₹2500 crore, subject to shareholder approval
  • Recommended continuation of Mr. Paras Mal Surana as Independent Director after age 75, subject to shareholder approval
  • Approved 1:5 stock split of ₹10 equity shares into ₹2 shares, and fresh approval for issuing securities up to ₹1000 crore

Why it's rated notable: amount is ₹500 crore or more

Original filing

Outcome of Board Meeting

Read the filing on NSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.