Lambodhara Textiles Limited approves preferential issue at Rs. 48.15 per share

The Board of Directors of Lambodhara Textiles Limited at their meeting held on Thursday, 18th February 2021, has approved the allotment of 8,00,000 equity shares of Rs.5/- each at a price of Rs.48.15/- per share (including a premium of Rs.43.15/- per share) aggregating to an amount of Rs.3,85,20,000/- through preferential issue to the following persons who are part of the promoter/promoter group of the Company:

- Mrs. Giulia Bosco
- M/s. Strike Right lntegrated Services Limited

Shares of LAMBODHARA TEXTILES LTD. was last trading in BSE at Rs.50.25 as compared to the previous close of Rs. 51.1. The total number of shares traded during the day was 26245 in over 394 trades.

The stock hit an intraday high of Rs. 53.7 and intraday low of 49.45. The net turnover during the day was Rs. 1365923.

Source : Equity Bulls

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