Caspian Corporate Services Ltd allots 1,11,45,190 shares

The Board of Directors of Caspian Corporate Services Ltd at its meeting held on 16th March, 2023 has approved the allotment of upto 1,11,45,190 (One Crore Eleven Lakh Forty Five Thousand One Hundred and Ninety Only) Equity Shares of Face Value of Rs. 1/- each fully paid up at an issue price of Rs. 12/- per Equity Share (including a premium of Rs. 11/- per Equity Share), aggregating to not-exceeding Rs. 13,37,42,280/- (Rupees Thirteen Crore Thirty Seven Lakh Forty Two Thousand Two Hundred and Eighty Only), on a preferential basis.

With the allotment of above shares, the equity paid up share capital of the Company stands increased from 3,10,54,810 Equity Shares of Face Value of Rs. 1/- each to 4,22,00,000 Equity Shares of Face Value of Rs. 1/- each.

The said equity shares shall be listed on the stock exchange (BSE Limited).

Shares of Caspian Corporate Services Ltd. was last trading in BSE at Rs. 18.87 as compared to the previous close of Rs. 19.86. The total number of shares traded during the day was 31110 in over 69 trades.

The stock hit an intraday high of Rs. 19.70 and intraday low of 18.87. The net turnover during the day was Rs. 588862.00.

Source : Equity Bulls

Keywords

CaspianCorporateServices INE176N01021 SharesAllotment