Aban Offshore allots 10783608 shares

The Capital Issue Committee of Aban Offshore Ltd at its meeting held on July 08, 2014, approved the issue and allotment of 1,07,83,608 equity shares of face value Rs. 2/- to eligible Qualified Institutional Buyers (QIBs) at the issue Price of Rs. 695.50 per equity share, aggregating to Rs. 749,99,99,364 (Rs. Seven Hundred Forty Nine Crore Ninety Nine Lakhs Ninety Nine Thousand Three Hundred and sixty four only).

Shares of ABAN OFFSHORE LTD. was last trading in BSE at Rs.881.8 as compared to the previous close of Rs. 854.4. The total number of shares traded during the day was 1435222 in over 84304 trades.

The stock hit an intraday high of Rs. 939.9 and intraday low of 858.1. The net turnover during the day was Rs. 1295287173.

Source : Equity Bulls

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