KSK Energy Ventures closes QIP issue

The QIP Committee of the Board of Directors of KSK Energy Ventures Ltd has closed the bids and approved an issue price of Rs. 99/- (including a premium of Rs. 89/-) per Equity Share in connection with the proposed issue and allotment of 40,404,040 Equity Shares aggregating to approximately Rs. 4000 Million under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.

Shares of KSK ENERGY VENTURES LTD. was last trading in BSE at Rs.112.6 as compared to the previous close of Rs. 112.15. The total number of shares traded during the day was 76334 in over 2206 trades.

The stock hit an intraday high of Rs. 116.6 and intraday low of 110.85. The net turnover during the day was Rs. 8700427.

Source : Equity Bulls

Keywords