Pil Italica Lifestyle Ltd allots 74 lakh shares

The Board of Directors of Pil Italica Lifestyle Ltd has issued and allotted 74,00,000 equity shares of the face value of Re. 1/- each at Rs. 15.00/- per equity share (Face Value-Re.1/- + Premium -Rs. 14.00/- Total = Rs. 15/-) to promoters on conversion of 74,00,000 warrants.

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased from Rs. 22,76,00,000/- divided into 22,76,00,000 Equity Shares having Face Value Re. 1/- each to Rs. 23, 50,00,000/- divided into 23,50,00,000 Equity Shares of Face Value Re. 1/- each.

Shares of Pil Italica Lifestyle Ltd. was last trading in BSE at Rs.12 as compared to the previous close of Rs. 12.46. The total number of shares traded during the day was 29599 in over 55 trades.

The stock hit an intraday high of Rs. 12.59 and intraday low of 11.8. The net turnover during the day was Rs. 361075.

Source : Equity Bulls

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