Savita Oil Technologies Ltd to consider investment of Rs. 35 crores Tecso Charge Zone Ltd

A meeting of the Board of Directors of Savita Oil Technologies Limited is scheduled to be held on Monday, 23rd May, 2022 at 11 a.m. at the Registered Office of the Company to consider the proposal of making an investment upto Rs. 35 crores in 'two or more tranches in equity shares and/or preference shares in Tecso Charge Zone Limited, a Public Limited Company incorporated under the Companies Act, 2013 and having its registered office at 401, Benison Complex, 54 Haribhakti Society, OP Road, Vadodara, Gujarat 390007, India and engaged in the business of electric vehicle charging services through fast DC/AC chargers as well as battery swapping stations for electric vehicles amongst related activities.

Shares of Savita Oil Technologies Limited was last trading in BSE at Rs. 1070.80 as compared to the previous close of Rs. 1025.35. The total number of shares traded during the day was 574 in over 70 trades.

The stock hit an intraday high of Rs. 1073.65 and intraday low of 1027.45. The net turnover during the day was Rs. 602283.00.

Source : Equity Bulls

Keywords

SavitaOilTechnologies INE035D01012 SOTL Investment INR35Crores TecsoChargeZone