Kernex Microsystems India approves issue of 13 lakh shares

The Board of Directors of Kernex Microsystems (India) Limited at its 209th Board Meeting held on 3rd March 2022, had, approved for Raising of funds through issue of 13,00,000 equity shares of face value of Rs. 10/- each to Non-Promoter Investors on a Preferential basis ("Preferential Issue"). The allottees are:

Non-Promoter

1. upto 1,00,000 equity shares of Rs.l0/- each on Preferential basis to Dr. Vinta Janardhan Reddy

2. upto 2,00,000 equity shares of Rs.l0/- each on Preferential basis to Sri. Penumetsa Nagaraju

3. upto 2,00,000 equity shares of Rs.l0/- each on Preferential basis to Smt. Penumetsa Parvathi

4. Upto 3,00,000 equity shares of Rs. 10/- each on preferential basis to M/s. Enact Technologies Private Limited

5. Upto 3,00,000 equitys shares of Rs. 10/- each on preferential basis to Sri. Jai Singh

6. Upto 1,00,000 equitys shares of Rs. 10/- each on preferential basis to Sri. Penumetcha Parvathi

7. Upto 50,000 equitys shares of Rs. 10/- each on preferential basis to Smt. Rochesmathi Ramakumari Konda

8. Upto 50,000 equitys shares of Rs. 10/- each on preferential basis to Sri. Venkata Soma Raju Vegesna

Shares of Kernex Microsystems (India) Limited was last trading in BSE at Rs. 115.15 as compared to the previous close of Rs. 109.70. The total number of shares traded during the day was 5426 in over 29 trades.

The stock hit an intraday high of Rs. 115.15 and intraday low of 112.05. The net turnover during the day was Rs. 624574.00.

Source : Equity Bulls

Keywords

KernexMicrosystemsIndia INE202H01019 PreferentialIssue FundRaising NonPromoters