Simbhaoli Sugars Ltd allots 18 lakh shares

Simbhaoli Sugars Ltd has approved the allotment of 18,00,000 Equity Shares pursuant to conversion of Fully Convertible Warrants issued and allotted at an issue price of Rs. 32.10 (including premium of Rs. 22.10) on December 22, 2017, to persons belonging to Promoter Category.

Shares of Simbhaoli Sugars Ltd was last trading in BSE at Rs.14.99 as compared to the previous close of Rs. 14.49. The total number of shares traded during the day was 1546 in over 8 trades.

The stock hit an intraday high of Rs. 15 and intraday low of 14.9. The net turnover during the day was Rs. 23078.

Source : Equity Bulls

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