The Board of Directors of MKVentures Capital Limited in their meeting held on Tuesday, May 02, 2023, has approved the allotment of 427,050 Fully Paid-up Equity Shares pursuant to Rights Issue.
The Board of Directors of MKVentures Capital Ltd has considered and approved, the decision to withdraw the Draft Letter of Offer filed with regard to the proposed rights issue of Rs.2500 lakhs and to re-file the new draft letter of Offer.
MKVentures Capital Ltd has entered into a SPA, with Parthasarathi Investment Advisors Pvt Ltd in connection with the investment by the Company in Destination Properties Pvt Ltd.
The Board of Directors of MKVentures Capital Limited has approved the offer and issuance of equity shares of the Company for an amount, including premium, not exceeding Rs. 25 Crores by way of a rights issue.