Arvind SmartSpaces Ltd approves preferential issue

The Board of Directors of Arvind SmartSpaces Ltd approved issue of up to 30,00,000 warrants at a price of Rs. 178.00 per warrant for an aggregate consideration of upto Rs. 53,40,00,000 (Rupees Fifty Three Crores Forty Lakhs only) to promoter and promoter group entities and increase in Authorised Capital of the Company subject to approval of the Shareholders of the Company at the EGM to be held on 25th January, 2018.

Shares of Arvind SmartSpaces Ltd was last trading in BSE at Rs.200.65 as compared to the previous close of Rs. 192.6. The total number of shares traded during the day was 127252 in over 2590 trades.

The stock hit an intraday high of Rs. 207.8 and intraday low of 195.75. The net turnover during the day was Rs. 25647445.

Source : Equity Bulls

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