United Van Der Horst Ltd allots 8 lakh shares

Pursuant to receipt of subscription money from the allottee, the Board of Directors of United Van Der Horst Ltd have approved the allotment of 8,00,000 (Eight Lakhs) equity shares of face value of Rs. 10/- each (Rupees Ten Only) for cash at an issue price of Rs.15/- (Rupees Fifteen Only) including premium of Rs.5/- (Rupees Five Only) per share aggregating to Rs. 1,20,00,000/- (Rupees One Crore Twenty Lakhs Only) on Preferential and Private Placement basis to Mr. Jagmeet Singh Sabharwal (Promoter).

Shares of UNITED VAN DER HORST LTD. was last trading in BSE at Rs. 42.00 as compared to the previous close of Rs. 44.10. The total number of shares traded during the day was 359 in over 8 trades.

The stock hit an intraday high of Rs. 46.30 and intraday low of 41.90. The net turnover during the day was Rs. 15105.00.

Source : Equity Bulls

Keywords

UNITEDVANDERHORST INE890G01013 HeavyElectricalEquipment Allotment