Empee Distilleries Ltd approves allotment of NCDs worth Rs. 37.50 crores

The Board of Directors of Empee Distilleries Ltd at its meeting held on April 27, 2016, has approved allotment of 14%, 375 Nos. Secured, Rated, Listed, Redeemable Non-Convertible Debentures of Rs. 10,00,000 each to aggregating Rs. 37.50 crores to select investors under Private placement basis.

Shares of EMPEE DISTILLERIES LTD. was last trading in BSE at Rs.56.35 as compared to the previous close of Rs. 56.7. The total number of shares traded during the day was 11703 in over 145 trades.

The stock hit an intraday high of Rs. 58 and intraday low of 54.1. The net turnover during the day was Rs. 654899.

Source : Equity Bulls

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