Stake Sale

SEL Manufacturing Company Ltd increased paid up share capital



Posted On : 2014-10-16 20:59:04( TIMEZONE : IST )

SEL Manufacturing Company Ltd increased paid up share capital

The Paid up Share Capital of SEL Manufacturing Company Ltd has been increased from Rs. 331,34,70,000/- to Rs. 401,05,70,000/-, divided into 33,13,47,000 Equity Shares of Rs. 10/- each and 6,97,10,000, 1% Non-Cumulative, Non-Convertible Redeemable Preference Shares of Rs. 10/- each pursuant to allotment of 6,97,10,000, 1% Non-Cumulative, Non-Convertible, Redeemable Preference Shares of Rs. 10/- each by the Board of Directors of the Company at its meeting held on October 16, 2014 to the Promoters of the Company. The Company does not intend to list such Preference Shares on the Stock Exchange(s).

Shares of SEL MANUFACTURING COMPANY LTD. was last trading in BSE at Rs.3.99 as compared to the previous close of Rs. 4.05. The total number of shares traded during the day was 85615 in over 177 trades.

The stock hit an intraday high of Rs. 4.08 and intraday low of 3.95. The net turnover during the day was Rs. 344076.

Source : Equity Bulls

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