Brief: Majesco Says Majesco USA Concludes 2019 Rights Offering

Aurum Proptech

26/02/2019 13:36

Feb 26 (Reuters) - Majesco Ltd  MAJC.NS :
    * MAJESCO CONCLUDES 2019 RIGHTS OFFERING
    * PRELIMINARY RESULTS INDICATE MAJESCO RECEIVED TOTAL
SUBSCRIPTIONS OF ABOUT $45.4 MILLION
    * ABOUT 79 PERCENT OF SHARES TO BE ISSUED WERE SUBSCRIBED
FOR IN
MAJESCO'S BASIC SUBSCRIPTION
    * NEW SHARES OF MAJESCO COMMON STOCK WILL BE ISSUED ON OR
ABOUT
FEBRUARY 28, 2019

Source text: http://bit.ly/2GN1VWK
Further company coverage:  MAJC.NS 

 ((Reuters.Briefs@thomsonreuters.com;))