Avante Spaces Ltd approves allotment of 2,50,000 NCCRCPS

The Board of Directors of Avante Spaces Limited (Avante), a WhollyOwned Subsidiary of Kirloskar Industries Limited, in its meeting held today i.e., 7 September 2023, approved the allotment of 2,50,000 8.25% Non-Convertible Compulsorily Redeemable Cumulative Preference Shares (NCCRCPS) of the face value of Rs. 1,000 each, to the Company.

Shares of Kirloskar Industries Limited was last trading in BSE at Rs. 3492.05 as compared to the previous close of Rs. 3490.30. The total number of shares traded during the day was 229 in over 62 trades.

The stock hit an intraday high of Rs. 3639.75 and intraday low of 3450.00. The net turnover during the day was Rs. 793897.00.

Source : Equity Bulls

Keywords

KirloskarIndustries INE250A01039 AvanteSpaces FundRaising NCCRCPS