Aditya Birla Money allots Preference Shares at Rs. 500

A Committee of the Board of Directors of Aditya Birla Money Ltd on March 29, 2014, has allotted 1,00,000 8% Redeemable Non Convertible Non Cumulative Preference Shares Rs. 100/- each at a premium of Rs. 400/- per share for cash aggregating to Rs. 5,00,00,000 on a private placement basis to Aditya Birla Financial Services Private Limited, holding company of the Company.

Shares of ADITYA BIRLA MONEY LTD. was last trading in BSE at Rs.13.39 as compared to the previous close of Rs. 12.35. The total number of shares traded during the day was 4134 in over 28 trades.

The stock hit an intraday high of Rs. 13.4 and intraday low of 12.5. The net turnover during the day was Rs. 54069.

Source : Equity Bulls

Keywords