PTC Industries Ltd allots 284600 shares and convertible warrants

The Listing Committee of the Board of Directors of the Company, PTC Industries Limited, at their meeting held today i.e., December 07, 2022, considered and approved the allotment of 2,84,600 Equity Shares of face value of Rs. 10/- each fully paid up for cash at an issue price of Rs. 2,349/- each, and 6,30,170 Fully Convertible Warrants ('Warrants') each carrying a right to subscribe to one Equity Share per Warrant, for cash at an issue price of Rs. 2,349/- each, to persons belonging to 'Non-Promoter' category.

Pursuant to allotment of the Equity Shares, the paid-up share capital of the Company stands increased from Rs. 13,09,76,570/- divided into 1,30,97,657 Equity Shares of Rs. 10/- each to Rs. 13,38,22,570/- divided into 1,33,82,257 Equity Shares of Rs. 10/- each.

Shares of PTC Industries Ltd was last trading in BSE at Rs. 2884.50 as compared to the previous close of Rs. 2896.95. The total number of shares traded during the day was 4575 in over 331 trades.

The stock hit an intraday high of Rs. 2950.00 and intraday low of 2853.15. The net turnover during the day was Rs. 13261361.00.

Source : Equity Bulls

Keywords

PTCIndustries INE596F01018 FundRaising EquityShares ConvertibleWarrants NonPromoter