Jyoti Structures Ltd allots Equity Shares to Qualified Institutional Buyers

A Committee of the Board of Directors of Jyoti Structures Ltd by Resolution dated September 29, 2014, has allotted 2,33,87,018 Equity Shares of Rs. 2 each to eligible Qualified Institutional Buyers pursuant to the provisions of Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

Consequent to the aforesaid allotment of 2,33,87,018 Equity Shares of Rs. 2 each, the paid up share capital of the Company has increased to Rs. 21,13,51,880 divided into 10,56,75,940 Equity Shares of Rs. 2 each.

Shares of JYOTI STRUCTURES LTD. was last trading in BSE at Rs.41 as compared to the previous close of Rs. 40.1. The total number of shares traded during the day was 184385 in over 2122 trades.

The stock hit an intraday high of Rs. 41.55 and intraday low of 40.3. The net turnover during the day was Rs. 7553065.

Source : Equity Bulls

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