Stake Sale

Gati Ltd board approves allotment of 1,33,33,340 shares to Allcargo Logistics Ltd

Posted On : 2020-01-21 17:37:35( TIMEZONE : IST )

The Board of Directors of Gati Ltd have approved the allotment of 1,33,33,340 (One crore thirty three lakhs thirty three thousand three hundred forty) equity shares each to Allcargo Logistics Limited on preferential basis having a face value of Rs. 2/- (Rupees Two Only) at a price of Rs. 75/- (Rupees Seventy Five Only) per share, in aggregating to the consideration of Rs. 100,00,00,500/- (Rupees one hundred crore five hundred only).

Shares of GATI LTD. was last trading in BSE at Rs.66.35 as compared to the previous close of Rs. 64.6. The total number of shares traded during the day was 39397 in over 375 trades.

The stock hit an intraday high of Rs. 66.85 and intraday low of 64.4. The net turnover during the day was Rs. 2595046.

Source : Equity Bulls