Salzer Electronics Ltd allots 45000 Equity Shares

The Sub-Committee of the Board of Directors of Salzer Electronics Ltd at its Meeting held on March 11, 2016, approved the allotment of 45,000 Equity Shares of Rs. 10/- each with a premium of Rs. 241.45 per share, against the equivalent number of share warrants exercised by the warrant holders.

Following the above allotment of 45,000 Equity Shares, the paid up Share Capital of the Company stands increased from Rs. 13,59,81,870/- to 13,64,31,870/-.

Shares of SALZER ELECTRONICS LTD. was last trading in BSE at Rs.193.9 as compared to the previous close of Rs. 195.7. The total number of shares traded during the day was 31541 in over 901 trades.

The stock hit an intraday high of Rs. 200.3 and intraday low of 191.8. The net turnover during the day was Rs. 6200139.

Source : Equity Bulls

Keywords