Moschip Semiconductor Technology Ltd approves allotment of 22,22,222 shares

The Board of Directors of Moschip Semiconductor Technology Ltd through Circular Resolution circulated on 11th December, 2018 and consent given by majority directors on 11th December, 2018 has approved the allotment of 22,22,222 Equity shares to MouriTech, LLC pursuant to conversion of equal number of warrants on preferential basis.

Shares of MOSCHIP SEMICONDUCTOR TECHNOLOGY LTD. was last trading in BSE at Rs.26.2 as compared to the previous close of Rs. 23.2. The total number of shares traded during the day was 95066 in over 363 trades.

The stock hit an intraday high of Rs. 27 and intraday low of 23.65. The net turnover during the day was Rs. 2455104.

Source : Equity Bulls

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