Pioneer Embroideries Ltd allots 196078 shares

A Circular Resolution was passed by the Board of Directors of Pioneer Embroideries Ltd, today i.e. Wednesday, 4th October, 2017 for allotment of 196,078 Equity Shares of face value Rs. 10/- each at a premium of Rs. 41/- each to Kotak Mahindra Bank Limited pursuant to which paid up capital of the Company shall be Rs. 22,39,20,830. /- divided into 2,23,92,083 Equity Shares of Rs. 10/- each.

Shares of PIONEER EMBROIDERIES LTD. was last trading in BSE at Rs.33.5 as compared to the previous close of Rs. 34.55. The total number of shares traded during the day was 20503 in over 155 trades.

The stock hit an intraday high of Rs. 34 and intraday low of 33. The net turnover during the day was Rs. 688514.

Source : Equity Bulls

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