B P Capital allots 30 lakh shares on conversion of warrants

The Board of Directors of B. P. Capital Limited, at their meeting held today i.e., Thursday, January 20, 2022, at the registered office of the company at Plot No. 138, Roz- Ka - Meo Industrial Area, Sohna, Distt. Mewat, Haryana-122 103 has, considered and approved the allotment of 30,00,000 Equity Shares of face value of Rs. 10/- each pursuant to conversion of 30,00,000 Fully Convertible Warrants ('Warrants'), issued as on October 22, 2021 at an issue price of Rs. 10/- each, by way of preferential allotment, to the following persons belonging to 'Non-Promoter' category:

Patliputra International Limited - 10,00,000
Neelabh Spinning Mills Private Limited - 10,00,000
Dhiru Builders & Promoters Private Limited - 10,00,000

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 6,01,18,000/- divided into 60,11,800 Equity Shares of face value of Rs.10/- each.

Shares of B. P. Capital Ltd was last trading in BSE at Rs. 7.75 as compared to the previous close of Rs. 7.47. The total number of shares traded during the day was 6093 in over 19 trades.

The stock hit an intraday high of Rs. 7.75 and intraday low of 7.15. The net turnover during the day was Rs. 44968.00.

Source : Equity Bulls

Keywords

BPCapital INE947C01010 EquityShares Allotment WarrantsConversion NonPromoters