Faze Three Limited approves allotment of 319000 shares, 845500 warrants

Pursuant to the special resolutions passed by the members of Faze Three Limited in the Extra Ordinary General Meeting on March 22, 2017, the Board of Directors of the Company in their meeting held on April 07, 2017 approved the allotment of 3,19,000 Equity Shares and 8,45,500 Convertible Equity Warrants on Preferential Basis at a price of Rs. 110/- (including Rs. 100/- premium) per Equity Share/ Warrant.

Shares of FAZE THREE LTD. was last trading in BSE at Rs.144.65 as compared to the previous close of Rs. 146.85. The total number of shares traded during the day was 35682 in over 327 trades.

The stock hit an intraday high of Rs. 152.4 and intraday low of 141. The net turnover during the day was Rs. 5268218.

Source : Equity Bulls

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