Comments
The board of Repro India has approved the allotment of 5.92 lakh shares esach at a price of ₹675 apiece on preferential basis to Malabar India Fund, Malabar Value Fund and Kedia Securities Pvt Ltd. The board also approved the allotment of 5.92 lakh warrants of ₹10 each at a price of ₹675 per share to the same entities from whom the company has received 25 per cent upfront share application money on preferential basis. Consequent to the allotment, the paid-up equity shares of the company stand increased from 1.09 crore equity shares of ₹10 each to 1.149 crore equity shares. The stock of Repro India gained 1 per cent at ₹775 on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.