Supreme Infrastructure India allots 20 lakh Equity Shares

On January 02, 2015 Supreme Infrastructure India Ltd has allotted 20,00,000 Equity Shares of Rs. 10 each upon exercise of 20,00,000 Warrants by the Warrant holder by subscribing to one Equity Share of Rs. 10/- each per Warrant for cash at an exercise price of Rs. 185/- each on a preferential basis to BHS Housing Private Limited, the Company belonging to Promoters of the Company.

The above warrants were allotted on preferential basis on December 19, 2013 in compliance with the with SEBI (ICDR) Regulations, 2009 and amendments thereof.

Shares of SUPREME INFRASTRUCTURE INDIA LTD. was last trading in BSE at Rs.289.05 as compared to the previous close of Rs. 279.55. The total number of shares traded during the day was 19316 in over 892 trades.

The stock hit an intraday high of Rs. 296.15 and intraday low of 281. The net turnover during the day was Rs. 5576509.

Source : Equity Bulls

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