PG Electroplast Ltd allots 3.35 lakh shares on conversion of warrants

The Board of Directors of PG Electroplast Ltd through circulation on Friday, December 10, 2021 allotted 3,35,000 Equity Shares of face value of Rs. 10/- each pursuant to conversion of 3,35,000 Fully Convertible Warrants ('Warrants'), issued on March 31, 2021 at an issue price of Rs. 150/- each, by way of preferential allotment, to the persons belonging to 'Promoter' and 'Non-Promoter' category.

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 21,22,48,660/-divided into 2,12,24,866 Equity Shares of face value of Rs. 10/- each.

Shares of PG Electroplast Limited was last trading in BSE at Rs. 635.80 as compared to the previous close of Rs. 643.45. The total number of shares traded during the day was 11066 in over 1221 trades.

The stock hit an intraday high of Rs. 649.80 and intraday low of 628.60. The net turnover during the day was Rs. 7066741.00.

Source : Equity Bulls

Keywords

PGElectroplast INE457L01011 PGEL ConsumerElectronics WarrantsConversion Promoter NonPromoter