Supra Pacific Financial Services Ltd to issue 7732500 shares at Rs. 20 per share

The Board of Directors of Supra Pacific Financial Services Ltd at its meeting held on Thursday, 24th August 2023, have considered and approved fresh issuance up to 7732500 Equity Shares of the Company by way of Preferential Allotment of face value Rs. 10 on a preferential basis ("Preferential Issue") in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), as amended, and other applicable laws, at a price of Rs. 20 per Equity Share aggregating to Rs. 15,46,50,000/- (Rupees Fifteen Crore Forty Six Lakh Fifty Thousand Only), subject to the approval of the Members of the Company and such regulatory/ statutory authorities as may be applicable.

Shares of Supra Pacific Financial Services Ltd was last trading in BSE at Rs. 20.01 as compared to the previous close of Rs. 20.00. The total number of shares traded during the day was 1215 in over 9 trades.

The stock hit an intraday high of Rs. 20.98 and intraday low of 20.00. The net turnover during the day was Rs. 24406.00.

Source : Equity Bulls

Keywords

SupraPacificFinancialServices INE268T01015 PreferentialIssue FundRaising