Non Banking Financial Company (NBFC)
Quarterly Result8 April 2026 at 12:21 pm

F Mec International Financial Services Ltd Approves 1:10 Bonus Share Issue, Stock Split, and Fund Raising

AI Summary

F Mec International Financial Services Ltd announced that its Board of Directors approved a 1:10 bonus issue of equity shares, sub-division of equity shares, and fundraising through the issuance of secured unlisted non-convertible debentures on a private placement basis. The board also approved changes in designations and appointments. The company will hold an Extraordinary General Meeting (EGM) on May 04, 2026, to seek necessary approvals from members.

Key Highlights

  • 1:10 bonus issue of equity shares
  • Sub-division of equity shares from ₹ 10 each to ₹ 2 each
  • Fundraising through the issuance of secured unlisted non-convertible debentures
  • Changes in designations and appointments
  • Notice of Extraordinary General Meeting (EGM) on May 04, 2026