Stock Report

Sumuka Agro Industries Ltd approves preferential issue at Rs. 30.30 per share



Posted On : 2022-04-11 21:52:23( TIMEZONE : IST )

Sumuka Agro Industries Ltd approves preferential issue at Rs. 30.30 per share

The board of directors of SUMUKA AGRO INDUSTRIES LIMITED (Formerly known as Superb Papers Limited) has approved raising of funds of 5,05,00,101/- (Rupees Five Crores Five Lakhs One Hundred and One Only) by way of creating, offering, issuing and allotting 16,66,670 Equity shares of face value Rs. 10/- (Rupees Ten only) each of the Company at an issue price of Rs. 30.30/- (Rupees Thirty and Thirty Paisa Only), including premium of Rs. 20.30/- (Rupees Twenty and Thirty Paisa Only) per Equity Share per Equity Share by way of preferential allotment.

Shares of SUPERB PAPERS LTD. was last trading in BSE at Rs. 44.60 as compared to the previous close of Rs. 37.20. The total number of shares traded during the day was 120396 in over 131 trades.

The stock hit an intraday high of Rs. 44.60 and intraday low of 40.00. The net turnover during the day was Rs. 5328912.00.

Source : Equity Bulls

Keywords

SumukaAgroIndutries SUPERBPAPERS INE311N01016 PreferentialIssue FundRaising