EPC Industrie allots 6558065 Equity Shares

EPC Industrie Ltd has allotted 65,58,065 Equity Shares of Rs. 10 each with a premium of Rs. 56.10 aggregating to Rs. 66.10 per share to the Mahindra & Mahindra Ltd. on a preferential allotment basis.

The aforesaid 65,58,065 Equity Shares rank pari passu in all respects with the existing Equity Shares of the Company.

The stock closed the day at Rs.94.90, down by Rs.4.65 or 4.67%. The stock hit an intraday high of Rs.99.10 and low of Rs.94.60.

The total traded quantity was 0.30 lakhs compared to 2 week average of 0.12 lakhs.

Source : Equity Bulls

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