Tube Investments to convert 9 crore warrants in CG Power and Industrial Solutions

The Board of Directors of Tube Investments of India Limited ("TII") at the meeting held today (12th January 2022) approved exercise of the option by the Company to convert up to 9,00,00,000 Share Warrants into equal number of equity shares of M/s CG Power and Industrial Solutions Limited, by paying the balance 75% subscription money before the end of current financial year.

Shares of CG Power and Industrial Solutions Limited was last trading in BSE at Rs. 192.35 as compared to the previous close of Rs. 195.00. The total number of shares traded during the day was 93064 in over 1272 trades.

The stock hit an intraday high of Rs. 195.70 and intraday low of 191.40. The net turnover during the day was Rs. 17972347.00.

Shares of Tube Investments of India Limited was last trading in BSE at Rs. 1768.60 as compared to the previous close of Rs. 1795.80. The total number of shares traded during the day was 6377 in over 1181 trades.

The stock hit an intraday high of Rs. 1812.05 and intraday low of 1751.70. The net turnover during the day was Rs. 11372938.00.

Source : Equity Bulls

Keywords

CGPowerandIndustrialSolutions INE067A01029 CGPOWER TubeInvestmentsofIndia INE974X01010 WarrantsConversion