Farmax India to issue equity shares

capital market | Mumbai |

Appoints statutory auditor

The board of Farmax India in its meeting on 16 March 2012 has approved the issue of 15 crore equity shares to the promoters and the others on preferential basis.

Further, the board has approved the appointment of Chitta & Associates as statutory auditor of the company in place of K Prahalad Rao & Co.

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