Kridhan Infra Ltd approves QIP

The QIP Committee meeting of Kridhan Infra Limited (the 'Company') held on December 26, 2017 in connection with the Qualified Institutions Placement ('QIP') in terms of Chapter VIII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the 'SEBI ICDR Regulations'), Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 and other applicable provisions.

Shares of Kridhan Infra Limited was last trading in BSE at Rs.121.15 as compared to the previous close of Rs. 122.35. The total number of shares traded during the day was 133918 in over 1483 trades.

The stock hit an intraday high of Rs. 124 and intraday low of 120.65. The net turnover during the day was Rs. 16338200.

Source : Equity Bulls

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