Shree Rama Multi-Tech Limited allots 7,66,666 CRPS

The Board of Directors of Shree Rama Multi-Tech Limited in its meeting held on 11th September, 2023, has approved the issue and allotment of 7,66,666 15% Cumulative Redeemable Preference Shares of Rs. 100/- each ("Preference Shares") on the same terms and conditions to redeem the unredeemed Preference Shares together with the unpaid dividend thereon under Section 55(3) of the Companies Act and its rules made, thereunder pursuant to order of Hon'ble National Company Law Tribunal, Ahmedabad Bench.

Shares of Shree Rama Multi-Tech Limited was last trading in BSE at Rs. 20.57 as compared to the previous close of Rs. 20.98. The total number of shares traded during the day was 18818 in over 37 trades.

The stock hit an intraday high of Rs. 20.61 and intraday low of 20.57. The net turnover during the day was Rs. 387585.00.

Source : Equity Bulls

Keywords

ShreeRamaMultiTech INE879A01019 CRPS Allotment