SORIL Holdings and Ventures Ltd allots 41 lakh shares

On March 19, 2018, SORIL Holdings and Ventures Limited ('the Company') has issued and allotted an aggregate of 41,00,000 (Forty One Lacs) fully paid up equity shares of face value of Rs. 2/- each, to promoter group entities of the Company, upon exercise/conversion of equivalent number of warrants, which were allotted to them pursuant to and in terms of shareholders' approval dated December 16, 2017.

Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to Rs. 10,96,36,986 divided into 5,48,18,493 equity shares of face value of Rs. 2/- each.

Shares of SORIL Holdings and Ventures Ltd was last trading in BSE at Rs.207.05 as compared to the previous close of Rs. 217.9. The total number of shares traded during the day was 38004 in over 444 trades.

The stock hit an intraday high of Rs. 218 and intraday low of 207.05. The net turnover during the day was Rs. 7957217.

Source : Equity Bulls

Keywords