Moneyboxx Finance Limited board approves preferential issue at Rs. 95 per share

The Board of Directors of Moneyboxx Finance Limited has at its meeting held on Wednesday, December 01, 2021 (i.e. today) considered and approved the issuance of up to maximum of 17,46,501 Equity shares of face value of Rs. 10/- each ("Equity Shares"), on a preferential basis ("Preferential Issue"), at a price of Rs. 95/- per Equity Share aggregating to Rs. 16,59,17,595 (Rupees Sixteen Crore Sixty Fifty Nine Lakh Seventeen Thousand Five Hundred and Ninety Five Only).

The Relevant Date, in terms of provision of SEBI ICDR Regulations for determining the price of the Preferential Issue, is November 26, 2021.

Shares of Moneyboxx Finance Ltd was last trading in BSE at Rs. 99.45 as compared to the previous close of Rs. 99.00. The total number of shares traded during the day was 1028 in over 23 trades.

The stock hit an intraday high of Rs. 99.50 and intraday low of 94.60. The net turnover during the day was Rs. 101441.00.

Source : Equity Bulls

Keywords

MoneyboxxFinanceLtd INE296Q01012 PreferentialIssue FundRaising