A F Enterprises Ltd allots 8 lakh shares

The Board of A F Enterprises Ltd has considered and approved the allotment of 8,00,000 equity shares of Rs. 10/- each at a price of Rs. 18/- per share comprising of Premium of Rs. 8/- Per Share, upon exercise of option for conversion of equity warrants into equal number of Equity Shares against receipt of balance amount of 75% (Rs. 13.5 Per Warrant) of warrant issue price, which has been received from RDS Corporate Services Private Limited.

Shares of A.F. Enterprises Ltd was last trading in BSE at Rs. 116.30 as compared to the previous close of Rs. 110.95. The total number of shares traded during the day was 115527 in over 309 trades.

The stock hit an intraday high of Rs. 116.45 and intraday low of 113.20. The net turnover during the day was Rs. 13310618.00.

Source : Equity Bulls

Keywords

AFEnterprises INE663P01015 EquityShares Allotment EquityWarrants Conversion