Mahamaya Steel Industries Ltd allots 16.64 lakh shares at Rs. 87 per share

Pursuant to a Special resolution passed by the Shareholders at their Extra-Ordinary General Meeting held on 19th March, 2022 and on receipt of BSE Limited (BSE's) and National Stock Exchange of India Limited (NSE's) in-principle approval letters, the Board of Directors of Mahamaya Steel Industries Ltd at their meeting held on Monday, the 28th March, 2022 have approved the allotment of 16,64,000 Equity Shares of Rs.10/- each for cash at a price of Rs.87/- per share to the Promoters namely Adept IT Solutions Private Limited (8,14,000 Equity shares) and JSR Networks Private Limited(8,50,000 Equity Shares).

Shares of Mahamaya Steel Industries Limited was last trading in BSE at Rs. 71.90 as compared to the previous close of Rs. 71.60. The total number of shares traded during the day was 7072 in over 116 trades.

The stock hit an intraday high of Rs. 72.80 and intraday low of 71.10. The net turnover during the day was Rs. 512123.00.

Source : Equity Bulls

Keywords

MahamayaSteelIndustries INE451L01014 Promoters SharesAllotment