Confidence Futuristic Energetech Ltd board approves preferential issue

The Board of Directors at its meeting held on 30th October, 2021 has, approved issue of 1,05,10,000 equity shares of Rs. 10/- each on preferential basis, to promoter/promoter group and others (i.e. persons/entities not forming part of the promoter and promoter group), in compliance with applicable provisions of SEBI ICDR Regulations, 2018, subject to the approval of the shareholders of the Company and such other regulatory/statutory approval as may be required.

Shares of Confidence Futuristic Energetech Ltd was last trading in BSE at Rs. 60.00 as compared to the previous close of Rs. 57.15. The total number of shares traded during the day was 1 in over 1 trades.

The stock hit an intraday high of Rs. 60.00 and intraday low of 60.00. The net turnover during the day was Rs. 60.00.

Source : Equity Bulls

Keywords

ConfidenceFuturisticEnergetechLtd INE700F01016 FundRaising PreferentialIssue