Khaitan Electricals Ltd to issue 5 lakh NCNCRPS

The Board of Directors of Khaitan Electricals Ltd at its meeting held on November 09, 2015, has approved to issue 5,00,000 numbers of 9% Non Convertible, Non Cumulative Redeemable Preference Shares of face value of Rs. 100/- at par on preferential allotment basis to Promoter Group Company. The said shares shall be redeemable at par within 20 years.

Shares of KHAITAN ELECTRICALS LTD. was last trading in BSE at Rs.37.45 as compared to the previous close of Rs. 40.75. The total number of shares traded during the day was 800 in over 24 trades.

The stock hit an intraday high of Rs. 41 and intraday low of 37.2. The net turnover during the day was Rs. 30798.

Source : Equity Bulls

Keywords