Micro Tech offers pref shares at Rs 66

Mumbai, Apr 4 (UNI) Micro Technologies has allotted four lakh equity shares of Rs 10 each at a premium of Rs 56 per share to the investors, on preferential basis.

After the allotment, the paid-up share capital has increased to one crore equity shares, aggregating to Rs 10.07 crore and the share premium account has increased by Rs 2.24 crore, the company informed BSE today.

The board has constituted an advisory committee to assess the company's business strategies, goals and objectives annually, to determine their effect on long-term shareholder value and to discuss with the management the results of the assessment.

The committee would also advise and review the company's technology, new initiatives, acquisitions, investments and human resources, it added.

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