March 6, 2018 / 1:36 PM / 5 months ago

CORRECTED-(OFFICIAL)-BRIEF-Maximaa System Approves Issue Of Up To 17.5 Mln Shares To Non-Promoters On Preferential Basis (March 5)

(Corrects third bullet in March 5 brief item to say shares, not warrants, after company corrects)

March 5 (Reuters) - Maximaa System Ltd:

* SAYS APPROVED ISSUE OF UP TO 17.5 MILLION SHARES TO NON-PROMOTERS ON PREFERENTIAL BASIS

* SAYS APPROVED ISSUE OF UP TO 15 MILLION CONVERTIBLE WARRANTS TO NON-PROMOTERS ON PREFERENTIAL BASIS

* SAYS APPROVED ISSUE OF UP TO 3 MILLION CONVERTIBLE SHARES TO PROMOTERS ON PREFERENTIAL BASIS Source text - bit.ly/2FXv3qQ Further company coverage:

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