HealthCare Global Enterprises Ltd approves allotment of 9,34,500 shares to promoter

The Board of Directors of HealthCare Global Enterprises Limited has approved the allotment of 9,34,500 (Nine Lakh Thirty Four Thousand Five Hundred) equity shares of Rs. 10 each of the Company, at a price of Rs. 321 per share (including share premium of Rs. 311 per share), on Preferential basis, to Dr. M. Gopichand, one of the Promoters of the Company, for consideration other than cash, vide resolution passed by Circulation today, the 9th day of April 2018.

The said equity shares shall be listed on the National Stock Exchange of India Limited and BSE Limited.

The shares allotted to Dr. M. Gopichand shall be locked in as specified under Chapter VII of the SEBI (ICDR) Regulations.

Shares of HealthCare Global Enterprises Ltd was last trading in BSE at Rs.309.4 as compared to the previous close of Rs. 300.5. The total number of shares traded during the day was 5790 in over 234 trades.

The stock hit an intraday high of Rs. 334.95 and intraday low of 305.05. The net turnover during the day was Rs. 1840760.

Source : Equity Bulls

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