SEPC Limited allots 3,83,84,615 shares on rights basis

The Rights Issue Committee of the Board of Directors of SEPC Limited has, at in its meeting held on December 22, 2023, approved the allotment of 3,83,84,615 fully paid-up Equity Shares of face value of ₹ 10/- each on a rights basis, at an issue price of ₹ 13 per Equity Share (including premium of ₹ 3 per Equity Share) to the eligible applicants. The meeting of the Rights Issue Committee commenced at 6.15 P.M and completed at 6.30 P.M.

Shares of SEPC Limited was last trading in BSE at Rs. 20.96 as compared to the previous close of Rs. 20.87. The total number of shares traded during the day was 1253059 in over 2546 trades.

The stock hit an intraday high of Rs. 21.46 and intraday low of 20.72. The net turnover during the day was Rs. 26485735.00.

Source : Equity Bulls

Keywords

SEPC INE964H01014 SharesAllotment RightsIssue