SVC Resources Limited approves allotment of 20667 Equity Shares

SVC Resources Ltd has informed BSE that the Board of Directors of the Company in their meeting held on February 17, 2017, have allotted 20,667 equity shares of Rs. 1/- each at an issue price of Rs. 2/- per share to Mr. Akhilesh Malvi, Managing Director of the Company aggregating to Rs. 41,334/- pursuant to approval of members of the Company obtained through postal ballot on February 14, 2017.

Shares of SVC Resources Limited was last trading in BSE at Rs.1.2 as compared to the previous close of Rs. 1.2. The total number of shares traded during the day was 1010 in over 2 trades.

The stock hit an intraday high of Rs. 1.26 and intraday low of 1.2. The net turnover during the day was Rs. 1212.

Source : Equity Bulls

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