Kopran Ltd makes further investment in Kopran Research Laboratories Ltd

Kopran Ltd had raised funds amounting to Rs.126.48 Crore through Issue of Equity Shares on Preferential basis in the Month of January, 2022. As stated in the objects of the said issue the Company has made investment aggregating to Rs.100 Crore in the Equity Share Capital of Kopran Research Laboratories Limited (KRLL), by way of subscription to the Rights issue and accordingly, has been allotted 2500000 Equity Shares of Face Value Rs.10/- each at a premium of Rs.390 per share of KRLL on 19th March, 2022.

Shares of Kopran Limited was last trading in BSE at Rs. 296.00 as compared to the previous close of Rs. 291.70. The total number of shares traded during the day was 12423 in over 695 trades.

The stock hit an intraday high of Rs. 303.75 and intraday low of 293.30. The net turnover during the day was Rs. 3691242.00.

Source : Equity Bulls

Keywords

Kopran INE082A01010 KopranResearchLaboratories Investment RightsIssue