Kesoram Industries Ltd allots shares for partly paid shares

The Committee of Kesoram Industries Limited at its meeting held today, i.e., January 14, 2022 has allotted 7,69,35,064 fully paid-up equity shares on which the final call money of Rs. 25 per share have been received. Further, 7,69,35,064 equity shares of Rs. 5 each allotted earlier under ISIN IN9087A01017 stand cancelled.

The aforesaid allotted shares will rank pari passu with the existing fully paid-up equity shares and shall be available to trade under the ISIN INE087A01019 subject to completion of necessary corporate actions and receipt of listing and trading approvals from the Stock Exchanges.

Post allotment as stated above, the paid-up equity share capital of the Company is increased to Rs. 2,41,74,64,050 (Rupees Two Hundred Forty One Crore Seventy Four Lakh Sixty Four Thousand and Fifty) divided into 24,17,46,405 (Rupees Twenty Four Crore Seventeen Lakh Forty Six Thousand Four Hundred and Five) equity shares of Rs. 10 each per equity share.

Shares of Kesoram Industries Limited was last trading in BSE at Rs. 64.40 as compared to the previous close of Rs. 64.50. The total number of shares traded during the day was 42770 in over 778 trades.

The stock hit an intraday high of Rs. 65.50 and intraday low of 63.90. The net turnover during the day was Rs. 2758108.00.

Source : Equity Bulls

Keywords

KesoramIndustries INE087A01019 PartlyPaidShares EquityShares CallMoney Allotment