Som Distilleries & Breweries Ltd to consider preferential issue

A meeting of the Board of Directors of Som Distilleries & Breweries Limited is scheduled to be held on Saturday, the 8th day of July, 2023 at the corporate Office of the Company at 23, Zone II, M.P. Nagar Bhopal, Madhya Pradesh - 462011 to consider issue of Convertible Equity Warrants to the Promoters / Promoters Group and/or other prospective Investors on Preferential Basis towards the capex and working capital requirement(s) of the company.

The board will consider fixation of date, time & venue of the ensuing Extra Ordinary General Meeting and approve the final notice of the EGM of the Company.

The board will also consider any other matter with the approval of the Chairperson.

Shares of Som Distilleries & Breweries Limited was last trading in BSE at Rs. 292.40 as compared to the previous close of Rs. 274.25. The total number of shares traded during the day was 97077 in over 4211 trades.

The stock hit an intraday high of Rs. 296.00 and intraday low of 276.90. The net turnover during the day was Rs. 27813170.00.

Source : Equity Bulls

Keywords

SomDistilleriesandBreweries INE480C01020 SDBL ConvertibleWarrants PreferentialIssue Promoters ProspectiveInvestors