Samor Reality Limited allots 64,50,000 shares on rights basis

Pursuant to the finalisation of the basis of allotment for the Rights Issue, approved by the designated stock exchange, i.e. BSE Limited on 03rd January, 2023, the Board of Directors of Samor Reality Limited at its meeting held on 03rd January, 2023 (which commenced at 09.00 p.m. IST and concluded at 09.10 p.m. IST), has approved the allotment of 64,50,000 Fully paid-up equity shares of the Company bearing distinctive numbers from 4300001 to 10750000 having a face value of Rs.10/- each in dematerialised form for cash at an issue price of Rs. 25/- per equity share, i.e. at a premium of Rs. 15/- per equity share, to the respective eligible equity shareholders of the Company and / or renouncee(s) in terms of the letter of offer dated 15th November, 2022.

Post aforesaid allotment, the paid-up capital of the Company is Rs. 10,75,00,000/- divided into 1,07,50,000 equity Shares of Rs. 10/- each.

Source : Equity Bulls

Keywords

SamorReality SharesAllotment Rights