SPML Infra Shareholders approve QIP worth Rs. 75 Crore

The Shareholders of SPML Infra Limited in its Extraordinary General Meeting held on 6th January, 2015 has approved and authorized the Board of Directors to raise funds through Qualified Institutional Placement (QIP) route upto Rs. 75 Crore.

Shares of SPML Infra Limited was last trading in BSE at Rs.89.4 as compared to the previous close of Rs. 84.6. The total number of shares traded during the day was 143191 in over 2810 trades.

The stock hit an intraday high of Rs. 99 and intraday low of 84. The net turnover during the day was Rs. 13293406.

Source : Equity Bulls

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