SEPC Ltd allots 1.52 crore shares on preferential basis

The Allotment Committee of the Board of Directors of SEPC Ltd met today, considered and approved the allotment of 1,52,00,000 (One Crore Fifty-two lakh only) equity shares @ Rs.10/- each on Preferential Basis (totaling to Rs.15,20,00,000/-) (Rupees Fifteen crore and twenty lakh only) to M/s. MARK AB CAPITAL INVESTMENT LLC., as approved by the Shareholders of the Company and the Resolution Plan approved by the lenders of the Company.

Shares of Shriram EPC Limited was last trading in BSE at Rs. 7.75 as compared to the previous close of Rs. 7.91. The total number of shares traded during the day was 40863 in over 113 trades.

The stock hit an intraday high of Rs. 8.20 and intraday low of 7.71. The net turnover during the day was Rs. 319764.00.

Source : Equity Bulls

Keywords

ShriramEPC INE964H01014 SEPC PreferentialAllotment MARKABCapitalInvestmentLLC