The Board of Directors of Lactose India Ltd in its meeting on 16th November, 2018 has issued and allotted 150,000 Equity Shares of face value Rs. 10/- each to the warrants holder at a premium of Rs.148.10/- each.
Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 10,18,90,000/- (Rupees Ten Crore Eighteen Lakh Ninety Thousand only) divided into 1,01,89,000 (One Crore One Lakh Eighty Nine Thousand) Equity Shares of face value Rs. 10/- each. The new equity shares issued rank pari-passu with the existing equity shares.
Shares of LACTOSE (INDIA) LTD. was last trading in BSE at Rs.57.55 as compared to the previous close of Rs. 57.4. The total number of shares traded during the day was 1013 in over 8 trades.
The stock hit an intraday high of Rs. 58 and intraday low of 54.55. The net turnover during the day was Rs. 55329.