Niraj Cement Structurals Ltd approves allotment of 20 lakh shares

The board of Niraj Cement Structurals Ltd has approved the allotment of 20,00,000 equity shares of Rs. 10/- each upon conversion of the Convertible Warrants as earlier issued and allotted on preferential basis to the others i.e. (persons/entities not forming part of the Promoters / Promoter Group) under the provisions of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended ('SEBI (ICDR) Regulations') and Section 62 and 42 of the Companies Act, 2013 (including the rules made there under)

Shares of NIRAJ CEMENT STRUCTURALS LTD. was last trading in BSE at Rs.30.15 as compared to the previous close of Rs. 29.7. The total number of shares traded during the day was 41224 in over 49 trades.

The stock hit an intraday high of Rs. 31.15 and intraday low of 29.05. The net turnover during the day was Rs. 1273537.

Source : Equity Bulls

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