Take Solutions Ltd approves issue of 10836800 shares

The Securities Issue Committee of the board of Take Solutions Ltd at its meeting held on July 28, 2016, approved the issue and allotment of 10,836,800 Equity Shares of face value Rs. 1 each to eligible Qualified Institutional Buyers (QIB) at the issue price of Rs. 166.10 per Equity Share, aggregating to Rs. 1,799,992,480 (Rupees One Seventy Nine Crores Ninety Nine Lakhs Ninety Two Thousand Four Hundred and Eighty Only).

Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased to Rs. 133,236,800 comprising of 133,236,800 equity shares of face value of Rs. 1 each.

Shares of TAKE SOLUTIONS LTD. was last trading in BSE at Rs.175.4 as compared to the previous close of Rs. 172.5. The total number of shares traded during the day was 65988 in over 1918 trades.

The stock hit an intraday high of Rs. 176.7 and intraday low of 171. The net turnover during the day was Rs. 11512316.

Source : Equity Bulls

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