SPML Infra Ltd to seek shareholders nod for Rs. 75 crore QIP

The Board of Directors of SPML Infra Ltd at its meeting held December 05, 2014, approved the calling for Extra Ordinary General Meeting (EGM) on January 06, 2015 seeking Shareholders approval to authorize the Board of Directors to raise funds through QIP route for an amount not exceeding Rs. 75 Cr. and at an appropriate price and time as approved by the Board.

A Cut-off date of December 05, 2014 has been fixed for purpose of EGM.

Shares of SPML Infra Limited was last trading in BSE at Rs.87.55 as compared to the previous close of Rs. 84.7. The total number of shares traded during the day was 752 in over 20 trades.

The stock hit an intraday high of Rs. 88.4 and intraday low of 84. The net turnover during the day was Rs. 65677.

Source : Equity Bulls

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