Aerpace Industries Limited allots 1,28,27,648 equity shares on preferential basis

The Board of Directors of Aerpace Industries Limited (Formerly Known as Supremex Shine Steels Limited) in their meeting held today i.e. 13th July, 2024 has approved the allotment of 1,28,27,648 (One Crore Twenty-Eight Lakhs Twenty-Seven Thousand Six Hundred Forty-Eight Only) Equity Shares of face value of Re.1/- (Rupee One) each ("Equity Shares") at a price of Rs. 19.71(Rupees Nineteen and Paise Seventy-One Only) (Issue price) per equity share [including a premium of Rs.18.71 (Rupees Eighteen and Paise Seventy-One Only)] aggregating Rs. 25,28,32,942.08 (Rupees Twenty-Five Crore Twenty-Eight Lakhs Thirty-Two Thousand Nine Hundred Forty-Two and Paise Eight Only).

Consequent to the Preferential allotment the paid-up capital of the company stands increased to Rs. 14,95,00,981 (Fourteen Crores Ninety-Five Lakhs Nine Hundred Eighty-One Only) comprising of 14,95,00,981 (Fourteen Crores Ninety-Five Lakhs Nine Hundred Eighty-One Only) equity share of face value Re. 1/- each.

Shares of Aerpace Industries Ltd was last trading in BSE at Rs. 34.08 as compared to the previous close of Rs. 33.42. The total number of shares traded during the day was 64272 in over 63 trades.

The stock hit an intraday high of Rs. 34.08 and intraday low of 34.08. The net turnover during the day was Rs. 2190389.00.

Source : Equity Bulls

Keywords

AerpaceIndustries INE175N01023 SharesAllotment PreferentialIssue FundRaising