Batliboi Ltd Updates on Minimum Public Shareholding

The Securities and Exchange Board of India vide order no. WTM/PS/71/CFD/OCT/2015 dated October 19, 2015 had directed the "Promoters" of Batliboi Limited to transfer the excess shareholding of 19,32,000 (Nineteen Lacs Thirty Two Thousand) equity shares of face value of Rs. 5/- each of Batliboi Limited to achieve the Minimum Public Shareholding as per clause 40A(ii)(g) of the Listing Agreement.

The Promoters of Batliboi Limited have complied with the SEBI order and transferred 19,32,000 (Nineteen Lacs Thirty Two Thousand) equity shares of face value of Rs. 5/- each of Batliboi Limited in the name of "Karunya Trust" having its Demat Account with Corporation Bank, Mumbai.

In view of above, the compliances as per clause 40A(ii)(g) of the Listing Agreement have been complied as per the SEBI order no. WTM/PS/71 /CFD/OCT/2015 dated October 19, 2015.

Shares of BATLIBOI LTD. was last trading in BSE at Rs.22.15 as compared to the previous close of Rs. 21.65. The total number of shares traded during the day was 4846 in over 34 trades.

The stock hit an intraday high of Rs. 22.6 and intraday low of 21.2. The net turnover during the day was Rs. 106761.

Source : Equity Bulls

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