Penny stock below Re 1 jumps 4% as company announces EGM to seek shareholder nod for fundraising plan | Stock Market News – Mint

Penny stock priced below Re 1 surged by 4% following the announcement of an Extraordinary General Meeting (EGM) by the company. The purpose of the EGM is to seek shareholder approval for a fundraising plan. The stock market news reported on this development.