RPSG Ventures Limited allots 30 lakh CCPS

The preferential issue committee of RPSG Ventures Limited, has considered and allotted 30,00,000 compulsorily convertible preference shares having face value of Rs.10 each at a price of Rs.780/- (Rupees Seven Hundred and Eighty only) per Preference Share, inclusive of a premium of Rs 770/- (Rupees Seven Hundred and Seventy only) per Preference Share, aggregating up to Rs. 234 crores, on a private placement basis, to Integrated Coal Mining Limited, a member of the promoter group of the Company, having its registered office at CESC House, Chowringhee Square, Kolkata-700 001.

Shares of RPSG VENTURES LIMITED was last trading in BSE at Rs. 596.00 as compared to the previous close of Rs. 595.90. The total number of shares traded during the day was 2498 in over 412 trades.

The stock hit an intraday high of Rs. 606.75 and intraday low of 584.95. The net turnover during the day was Rs. 1489183.00.

Source : Equity Bulls

Keywords

RPSGVENTURES INE425Y01011 PreferentialIssue CCPS FundRaising Promoter