Ashish Rameshchandra Kacholia picks up 1 lakh shares in preferential issue of PTC Industries Ltd

The Board of Directors of PTC Industries Limited ("Company") at their Meeting held today i.e., on Wednesday, January 03, 2024, has, considered and approved the Preferential Issue of up-to 2,35,415 (Two Lakh Thirty-Five Thousand Four Hundred Fifteen) Equity Shares of Face Value of Rs.10/- (Rupees Ten Only) each, on preferential basis, at an issue price of Rs.6000/- (Rupees Six Thousand Only), aggregating up to Rs. 141,24,90,000/- (Rupees One Hundred Forty-One Crore Twenty-Four Lakh Ninety Thousand Only), in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, to the below-mentioned persons, subject to shareholders' approval:

Mr. Ashish Rameshchandra Kacholia - Non-Promoter - 1,00,000
M/s Himalaya Finance & Investment Co. - Non-Promoter - 1,00,000
Mr. Naresh Saraf - Non-Promoter - 16,666
M/s Blue Square Corporate Services Private Limited - Non-Promoter - 8,333
M/s Fair and Faith consultants Private Limited - Non-Promoter - 5,000
Mr. Dhirendra Nath Tiwari - Non-Promoter - 4,166
Mr. Vinay Khattar - Non-Promoter - 1,250

Shares of PTC Industries Ltd was last trading in BSE at Rs. 7242.85 as compared to the previous close of Rs. 6611.25. The total number of shares traded during the day was 10274 in over 1675 trades.

The stock hit an intraday high of Rs. 7272.35 and intraday low of 6801.25. The net turnover during the day was Rs. 73053975.00.

Source : Equity Bulls

Keywords

PTCIndustries INE596F01018 PreferentialIssue AshishKacholia FundRaising