Sharanam Infraproject and Trading Ltd board approves rights issue

The board of directors of Sharanam Infraproject and Trading Limited (Security ID: SIPTL, Security Code: 539584) has approved the terms and conditions of Rights Issue.

Rights Issue Price: Re. 1.00 per Rights Equity Share

Record date for the purpose of determining the shareholders eligible to apply for the equity shares in the Rights Issue as Monday, May 22, 2023 ("Record Date").

Rights Issue schedule:

Issue Opening Date - Wednesday, May 31, 2023
Issue Closing Date - Friday, June 9, 2023.

Shares of Sharanam Infraproject and Trading Ltd was last trading in BSE at Rs. 1.06 as compared to the previous close of Rs. 1.09. The total number of shares traded during the day was 115859 in over 125 trades.

The stock hit an intraday high of Rs. 1.11 and intraday low of 1.05. The net turnover during the day was Rs. 124861.00.

Source : Equity Bulls

Keywords

SharanamInfraprojectandTrading INE104S01022 FundRaising RightsIssue