Supra Pacific Management Consultancy Limited approves preferential issue at Rs. 17 per share

The Board of Directors of Supra Pacific Management Consultancy Limited has at their Meeting held today i.e., 13th September, 2021, approved allotment of 36,19,361 Equity Shares of the Company, fully paid-up, at a price of Rs.17/- per Equity Share including a premium of Rs.7/- per Equity Share, aggregating up to Rs. 6, 15,29,137/- to Non promoter (Public) and the said Equity shares will be listed on the BSE Limited.

In accordance with the terms of allotment the company has received subscription money of Rs. 6, 15,29,137 for allotment of 36,19,361 equity shares at a price of Rs. 17/-

The Equity shares allotted to Non-Promoter Public shall be locked for a period specified in the provisions of the Chapter V of the SEBI (Issue and Capital and Disclosure Requirements) Regulation 2018 and Pursuant to allotment of the Equity Shares, the paid-up share capital of the Company stands increased from Rs.5,50,08,000 to Rs.9,12,01,610.

Shares of SUPRA PACIFIC MANAGEMENT CONSULTANCY LIMITED was last trading in BSE at Rs. 21.95 as compared to the previous close of Rs. 21.5. The total number of shares traded during the day was 13204 in over 33 trades.

The stock hit an intraday high of Rs. 22.5 and intraday low of 20.8. The net turnover during the day was Rs. 286881.

Source : Equity Bulls

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