Kesoram Industries Limited allots fully paid-up shares

The Committee of Kesoram Industries Limited at its meeting heid today, i.e., February 21, 2022 has allotted 22,77,758 fully paid-up equity shares on which the final call money of Rs. 25 per share have been received. Further, 22,77,758 Rights 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. 2,44,02.41,630 (Rupees Two Hundred Forty Four Crore Two Lakh Forty One Thousand Six Hundred and Thirty) divided into 24,40,24,163 (Twentv Four Crore Forty Lakh Twenty Four Thousand One Hundred and Sixty Three) equity shares of Rs. 10 each per equity share.

Shares of Kesoram Industries Limited was last trading in BSE at Rs. 59.45 as compared to the previous close of Rs. 59.40. The total number of shares traded during the day was 41306 in over 610 trades.

The stock hit an intraday high of Rs. 60.75 and intraday low of 59.05. The net turnover during the day was Rs. 2475044.00.

Source : Equity Bulls

Keywords

KesoramIndustries INE087A01019 FullyPaidShares FinalCallMoney Allotment