WEP Solutions Ltd to consider preferential issue on Dec 28, 2017

The Board of Directors of WEP Solutions Ltd will be held on Thursday, 28th December 2017 at the registered office of the Company at 40/1 A, Basappa Complex, Lavelle Road, Bangalore, to discuss and approve the Allotment of 10,00,000 Warrants convertible into Equity Shares on Preferential basis to WeP Peripherals Limited - Promoter of the Company at an issue price of Rs. 60/- per warrant (includes premium of Rs. 50/- per warrant) as per SEBI (ICDR) Regulations, 2009.

Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs.53.5 as compared to the previous close of Rs. 54.6. The total number of shares traded during the day was 11106 in over 37 trades.

The stock hit an intraday high of Rs. 55.3 and intraday low of 53.5. The net turnover during the day was Rs. 604289.

Source : Equity Bulls

Keywords