Knowledge Marine & Engineering Works Ltd allots 5,65,000 shares

The board of directors of Knowledge Marine & Engineering Works Ltd. have approved resolution by circulation today i.e., on Monday, 19th December, 2022 for allotment of 5,65,000 (Five lakhs Sixty Five thousand) fully paid-up equity shares of the Company, having face value of Rs.10/- (Rupees Ten Only) each, on Preferential Basis ("Preferential Issue"), at an issue price of Rs. 700 (Rupees Seven hundred only) per equity share (including a premium of Rs. 690 (Rupees Six Ninety only) per equity share to allottees.

Shares of Knowledge Marine & Engineering Works Ltd was last trading in BSE at Rs. 1051.60 as compared to the previous close of Rs. 1067.60. The total number of shares traded during the day was 11500 in over 41 trades.

The stock hit an intraday high of Rs. 1125.00 and intraday low of 1030.00. The net turnover during the day was Rs. 12239325.00.

Source : Equity Bulls

Keywords

KnowledgeMarineandEngineeringWorks INE0CJD01011 FundRaising PreferentialAllotment