Sankhya Infotech Ltd allots 14,51,852 Equity shares

The Board of Directors of Sankhya Infotech Ltd in its meeting held today i.e. 5th July, 2019 has allotted 14,51,852 Equity Shares of face value of Rs. 10/- each to the warrant holders.

The board also approved the forfeiture of the upfront amount received by the Company on 4,00,000 warrants allotted to Non-Promoter Individuals (Investors) due to non-exercise of the conversion option within 18 months from the date of their allotment.

Shares of SANKHYA INFOTECH LTD. was last trading in BSE at Rs.24.8 as compared to the previous close of Rs. 25.3. The total number of shares traded during the day was 1111 in over 11 trades.

The stock hit an intraday high of Rs. 24.8 and intraday low of 24.8. The net turnover during the day was Rs. 27552.

Source : Equity Bulls

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