Control Print Ltd allots 6,59,340 Equity Shares under QIP

The Capital Raising Committee Meeting of the Board of Directors of Control Print Ltd at its meeting held today, i.e January 08, 2018, approved the issue and allotment of 6,59,340 Equity Shares to qualified institutional buyers at the issue price of Rs. 455 per Equity Share, (including a premium of Rs. 445/- per Equity Share).

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 16,33,17,120/- consisting of 1,63,31,712 Equity Shares of Rs. 10/- each from Rs. 15,67,23,720/- consisting of 15,672,372 Equity Shares of Rs. 10/- each.

The meeting of the Capital Raising Committee commenced at 12.15 p.m. and concluded at 12.45 p.m.

Shares of CONTROL PRINT LTD. was last trading in BSE at Rs.500 as compared to the previous close of Rs. 504.5. The total number of shares traded during the day was 9348 in over 445 trades.

The stock hit an intraday high of Rs. 517.25 and intraday low of 480. The net turnover during the day was Rs. 4620032.

Source : Equity Bulls

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