Phillips Carbon Black Ltd forms subsidiary

PCBL (TN) Limited , has been incorporated as a wholly owned subsidiary of Phillips Carbon Black Limited.

Phillips Carbon Black Limited has today i.e., 12th October, 2020 subscribed to 10,000 equity shares of Rs. 10/- each, of the wholly owned subsidiary, PCBL (TN) Limited, for a total consideration of Rs 100000. The initial paid up share capital of PCBL(TN) Limited is Rs 100000.

Shares of PHILLIPS CARBON BLACK LTD. was last trading in BSE at Rs.126.3 as compared to the previous close of Rs. 126.8. The total number of shares traded during the day was 23016 in over 556 trades.

The stock hit an intraday high of Rs. 129.65 and intraday low of 124.8. The net turnover during the day was Rs. 2926081.

Source : Equity Bulls

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