Jyoti Structures Limited allots 28,73,08,884 shares on rights basis

Pursuant to the finalization of the Basis of Allotment of the Rights Issue, in consultation with the Designated Stock Exchange, RTA, Lead Manager, the Rights Issue Committee at its meeting held today, i.e March 18, 2025, considered and approved the allotment of 28,73,08,884 Fully Paid-up Equity Shares at a price of ₹16/- per Rights Equity Share (including a premium of ₹14/- per Right Equity Share) having face value of ₹2/- each) ("Allotment").

Accordingly, pursuant to the allotment, the paid-up equity capital of the Company has increased from ₹1,80,22,61,840 comprising of 90,11,30,920 Equity Share to ₹237,68,79,608 comprising of 118,84,39,804 Equity Shares.

Shares of JYOTI STRUCTURES LTD. was last trading in BSE at Rs. 17.54 as compared to the previous close of Rs. 15.75. The total number of shares traded during the day was 3479636 in over 3720 trades.

The stock hit an intraday high of Rs. 18.60 and intraday low of 15.78. The net turnover during the day was Rs. 61510102.00.

Source : Equity Bulls

Keywords

JYOTISTRUCTURES INE197A01024 SharesAllotment RightsIssue