Mirc Electronics Ltd allots 15518417 shares

The Preferential Issue Committee of Mirc Electronics Ltd has allotted 1,55,18,417 Equity Shares of face value of Re. 1 per equity share for cash at a price of Rs. 14.66/- per Equity Share (including a premium of Rs. 13.66 per Equity Share) as arrived in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as on the Relevant Date i.e. May 27, 2015 to BENNETT COLEMAN & CO. LTD., being Person other than Promoter and /or Promoter Group on preferential basis on January 06, 2017.

Consequently, the paid up equity share capital of the Company now stands increased from Rs. 19,62,34,202/- to Rs. 21,17,52,619/-.

Shares of MIRC ELECTRONICS LTD. was last trading in BSE at Rs.13.56 as compared to the previous close of Rs. 13.77. The total number of shares traded during the day was 33729 in over 117 trades.

The stock hit an intraday high of Rs. 13.85 and intraday low of 13.5. The net turnover during the day was Rs. 459395.

Source : Equity Bulls

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