Vipul Ltd allots 5 NCDs

The Debenture Committee of Board of Directors of Vipul Ltd at its meeting held today i.e. August 23, 2017, consequent upon receipt of subscription amount of Rs. 25,50,00,000/- being 17% of the total aggregate amount, has allotted 1500-Zero Coupon, Secured, Unlisted, Unrated, Redeemable, Non-Convertible Debentures (NCD's) aggregating to Rs. 150 Crore of the face of Rs 10 Lakh each with tenure of 54 Months from the date of allotment.

Shares of VIPUL LTD. was last trading in BSE at Rs.95.05 as compared to the previous close of Rs. 91.8. The total number of shares traded during the day was 70833 in over 216 trades.

The stock hit an intraday high of Rs. 95.95 and intraday low of 91. The net turnover during the day was Rs. 6596037.

Source : Equity Bulls

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