Here’s why shares of Max India gained up to 10% on Friday
Max India Ltd. has allotted 36.2 lakh equity shares on a preferential basis following the conversion of fully convertible warrants, raising ₹80.35 crore. The allotment was approved by the company’s Board through a circular resolution passed on July 23. The shares have been issued at ₹222 per share, comprising a face value of ₹10 and…
