Marinetrans India's board approved Q1 financial results.

Marinetrans India LimitedMARINETRAN · Filed with the exchange

They'll raise ~₹8 Cr via a preferential issue of 72.72 lakh shares at ₹11 each for business expansion & new clients.

Authorized capital will jump from ₹13 Cr to ₹25 Cr.

An AGM on Sep 19 will seek shareholder approval.

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