Sakthi Finance Ltd allots NCDs worth Rs. 164.87 crores

The NCD Issuance Committee of Sakthi Finance Ltd at their meeting held on May 18, 2016, have allotted 16,48,708 Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each aggregating to Rs. 164.87 crore to the eligible applicants as per the Basis of Allotment approved by BSE Limited.

Shares of SAKTHI FINANCE LTD. was last trading in BSE at Rs.24.25 as compared to the previous close of Rs. 24.15. The total number of shares traded during the day was 3847 in over 23 trades.

The stock hit an intraday high of Rs. 25 and intraday low of 23.2. The net turnover during the day was Rs. 92476.

Source : Equity Bulls

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