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Corporate Announcement
  • Security Code526235
    CompanyMercator Ltd
    Exchange Received Time25/07/2017 14:07:45
    Exchange Disseminated Time25/07/2017 14:07:53
    Time Taken00:00:08
     
     
     Outcome of Board Meeting | 7/25/2017 2:07:45 PM 
     Please ignore earlier annoucement.

    This is to inform you that the Board of Directors of the Company at its meeting held today, has inter-alia, approved Raising of funds up to an aggregate amount of USD $ 50 Million or in equivalent Indian Currency amount by way of issue of securities/Foreign Currency Convertible Bonds or raising capital by way of Qualified Institutional Placement/ADR/GDR or any other method; in Indian or International, subject to receipt of necessary approvals from Shareholders, Statutory, Regulatory and other Competent Authorities as may be required.
    		 
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