Adlabs Entertainment Ltd allots 69,15,629 Equity Shares

The Board of Directors of Adlabs Entertainment Ltd at its meeting held today (i.e. December 15, 2017) have approved allotment of 69,15,629 Equity Shares of face value of Rs. 10/- each at issue price of Rs. 72.30/- per equity share (including premium of Rs. 62.30/-) to a body corporate other than promoter and promoter group i.e. Shaan Agro and Realty India Private Limited (Formerly Shaan Agro Private Limited) on preferential issue basis.

Shares of Adlabs Entertainment Ltd was last trading in BSE at Rs.66.95 as compared to the previous close of Rs. 67.5. The total number of shares traded during the day was 39136 in over 207 trades.

The stock hit an intraday high of Rs. 68.65 and intraday low of 64.5. The net turnover during the day was Rs. 2587066.

Source : Equity Bulls

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