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Stock Report
Kernex Microsystems India Ltd approves preferential issue of warrants to non-promoters
Posted On : 2023-09-07 00:08:15( TIMEZONE : IST )
The Board of Directors of Kernex Microsystems (India) Limited at its 223rd Board Meeting held on 6th September 2023, had, considered and approved for issue of upto 13,00,000 share warrant s convertible into equal number of equity shares on preferential basis to the persons who comes under Non-Promoter Category subject to the approval of shareholders.
1. upto 4,00,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Neeta Hemanth Ashar
2. upto 3,00,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Vanaja Sunder Iyer
3. upto 1,00,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.lO/- each on Preferential basis to Saurav Raidhani
4. upto 50,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Prakash Diwan
5. upto 50,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.lO/- each on Preferential basis to Sunil Kabra
6. upto 2,00,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Penang Enterprises Private Limited
7. upto 1,50,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Dhoot Industrial Finance Limited
8. upto 50,000 share warrants ("Warrants") which shall be converted into equal number of equity shares of Rs.l0/- each on Preferential basis to Prabhudas Lilladher advisory services Private Limited.
Shares of Kernex Microsystems (India) Limited was last trading in BSE at Rs. 481.05 as compared to the previous close of Rs. 475.05. The total number of shares traded during the day was 30104 in over 265 trades.
The stock hit an intraday high of Rs. 497.00 and intraday low of 465.00. The net turnover during the day was Rs. 14781604.00.
