Jyoti Ltd to allot 59,63,636 shares to Rare Asset Reconstruction ltd

The Board of directors of Jyoti Ltd in its meeting held today, i.e., Monday, the 31st March, 2025, has approved the special resolution to be placed before the Shareholders for ratification of the issuance and allotment of 59,63,636 fully Paid up Equity Shares of the Company having a Face Value of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 55/- (Rupees Fifty Five Only) per Equity Share including a premium of Rs. 45/­ (Rupees Forty Five Only) per share to Rare Asset Reconstruction Pvt. Ltd.(now known as Rare Asset Reconstruction Limited).

Shares of JYOTI LTD. was last trading in BSE at Rs. 81.38 as compared to the previous close of Rs. 77.57. The total number of shares traded during the day was 45777 in over 162 trades.

The stock hit an intraday high of Rs. 81.44 and intraday low of 77.00. The net turnover during the day was Rs. 3700736.00.

Source : Equity Bulls

Keywords

JYOTI INE511D01012 SharesAllotment RareAssetReconstruction