Star Housing Finance Ltd board approves preferential issue

The board of directors of Star Housing Finance Ltd has approved the issuance of 10,30,730 (Ten Lakh Thirty Thousand Seven Hundred and Thirty) Equity Shares of face value INR 10/- each ('Equity Share')at a price of INR 89/- (Including a premium of INR 79/- per Equity Shares)for a total consideration of Rs. 9,17,34,970 (Rupees Nine Crore Seventeen Lakh Thirty Four Thousand Nine Hundred and Seventy).

Shares of Akme Star Housing Finance Ltd was last trading in BSE at Rs. 93.35 as compared to the previous close of Rs. 95.10. The total number of shares traded during the day was 9350 in over 59 trades.

The stock hit an intraday high of Rs. 101.00 and intraday low of 90.10. The net turnover during the day was Rs. 880497.00.

Source : Equity Bulls

Keywords

StarHousingFinanceLtd INE526R01010 PreferentialIssue FundRaising