Moschip Technologies Ltd allots 18,01,801 shares

The Board of Directors of Moschip Technologies Ltd through Circular Resolution dated 20th October, 2022 has been approved the allotment of 18,01,801 Equity Shares of face value of Rs.2/- at a price of Rs. 61.05 per equity share aggregating to Rs.10,99,99,951/-(Rupees Ten Crores Ninety Nine Lakhs Ninety Nine Thousand Nine Hundred and Fifty One only) to M/s. Smilax Corporate Services LLP on a preferential basis for consideration of cash.

Shares of Moschip Technologies Ltd was last trading in BSE at Rs. 67.60 as compared to the previous close of Rs. 67.35. The total number of shares traded during the day was 76874 in over 722 trades.

The stock hit an intraday high of Rs. 68.80 and intraday low of 66.50. The net turnover during the day was Rs. 5203526.00.

Source : Equity Bulls

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MoschipTechnologies INE935B01025 SharesAllotment