Palm Jewels Ltd Board approves Rights Issue of equity shares

The Board of Directors of Gautam Gems Ltd at its meeting held on Wednesday, 13th January, 2022, has considered and approved the right issue of 1,00,00,000 equity shares.

The Board also approved increase of Authorised Share capital of the company from Rs. 10,04,10,000/- to Rs. 20,06,00,000/- and alter the Memorandum of Association of the Company.

Shares of Palm Jewels Ltd was last trading in BSE at Rs. 19.90 as compared to the previous close of Rs. 20.90. The total number of shares traded during the day was 6585 in over 14 trades.

The stock hit an intraday high of Rs. 19.90 and intraday low of 19.90. The net turnover during the day was Rs. 131041.00.

Source : Equity Bulls

Keywords

PalmJewels INE838Z01012 RightsIssue FundRaising