Hind Rectifiers Ltd approves allotment of 15,05,793 rights shares

Hind Rectifiers Ltd in its Rights Issue Committee meeting held on 6th December, 2017 has considered and approved allotment of 15,05,793 fully paid up rights equity shares of face value of Rs. 2/- each at a price of Rs. 80/- (including premium of Rs. 78/-) per rights equity shares to the eligible equity shareholders of the Company on the basis of allotment as approved by BSE Limited, the designated stock exchange.

Shares of HIND RECTIFIERS LTD. was last trading in BSE at Rs.118.1 as compared to the previous close of Rs. 118.05. The total number of shares traded during the day was 815 in over 15 trades.

The stock hit an intraday high of Rs. 119.2 and intraday low of 117.1. The net turnover during the day was Rs. 96534.

Source : Equity Bulls

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