Anupam Rasayan India Ltd approves allotment of 19,04,540 shares

The Board of Directors of Anupam Rasayan India Limited at its meeting held today, had approved the allotment of 19,04,540 (Nineteen Lakhs Four Thousand Five Hundred and Forty) equity shares of face value of ₹ 10/- (Rupees Ten Only) each fully paid-up ("Equity Shares") at a price of ₹ 945.11 (Rupees Nine Hundred and Forty Five and Paisa Eleven only) per equity share to Rehash Industrial and Resins Chemicals Private Limited, a promoter of the Company, on a preferential basis, based on the approval of the members of the Company.

These Equity Shares shall rank pari-passu, in all respects, with the existing Equity Shares of the Company.

The Company has received In-principle approval from BSE Limited and National Stock Exchange of India Limited for issue of the aforesaid Equity Shares on preferential basis, vide letters dated December 05, 2023. The application for listing and trading approval of the stock exchanges for the Equity Shares allotted as above, will be made in due course.

Post the above allotment, the issued, subscribed and paid-up equity share capital of the Company shall stand increased to ₹1,09,51,52,280 (Rupees One Hundred and Nine Crores Fifty One Lakhs Fifty Two Thousand Two Hundred and Eighty Only) comprising of 10,95,15,228 (Ten Crores Ninety Five Lakhs Fifteen Thousand Two Hundred and Twenty Eight) Equity Shares of ₹10/- (Rupees Ten Only) each fully paid.

Shares of Anupam Rasayan India Limited was last trading in BSE at Rs. 1031.50 as compared to the previous close of Rs. 1040.95. The total number of shares traded during the day was 4146 in over 561 trades.

The stock hit an intraday high of Rs. 1045.05 and intraday low of 1027.15. The net turnover during the day was Rs. 4301718.00.

Source : Equity Bulls

Keywords

AnupamRasayanIndia INE930P01018 Allotment EquityShares FundRaising