Shivalik Rasayan Ltd board to consider preferential issue on Oct 14, 2021

A meeting of the Board of Directors of Shivalik Rasayan Ltd is scheduled on 14/10/2021, to consider and approve the allotment of 7,10,000 Equity Share for cash at an issue price of Rs. 921/- per Equity Share by way of preferential allotment to the persons belonging to Non-Promoter Category.

The board will also consider allotment of 4,20,000 Fully Convertible Warrants (''Warrants'') each carrying a right to subscribe to one Equity Share per Warrant, for cash at an issue price of Rs. 921/- per warrant by way of preferential allotment to the persons belonging to Promoter and Non-Promoter Category.

Shares of Shivalik Rasayan Ltd was last trading in BSE at Rs. 984.25 as compared to the previous close of Rs. 997.20. The total number of shares traded during the day was 5201 in over 227 trades.

The stock hit an intraday high of Rs. 1004.95 and intraday low of 981.10. The net turnover during the day was Rs. 5146069.00.

Source : Equity Bulls

Keywords

ShivalikRasayanLtd INE788J01021 Agrochemicals FundRaising PreferentialIssue Shares Warrants Promoter NonPromoter