Sharat Industries Ltd updates on preferential issue

A meeting of the Board of Directors of Sharat Industries Ltd is scheduled on 14/01/2023, to consider and approve to determine the differential price that may become payable by the Allottees, under Regulation 170(2) of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of the 19,00,000 equity shares of Rs.10/- each allotted through a preferential issue on 31st January 2022 at a price of Rs.50/- per equity share.

Shares of SHARAT INDUSTRIES LTD. was last trading in BSE at Rs. 45.60 as compared to the previous close of Rs. 46.75. The total number of shares traded during the day was 2335 in over 16 trades.

The stock hit an intraday high of Rs. 47.90 and intraday low of 45.60. The net turnover during the day was Rs. 110698.00.

Source : Equity Bulls

Keywords

SHARATINDUSTRIES INE220Z01013 PreferentialIssue