Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

WeP Solutions Ltd announces 3:8 rights issue at Rs. 10

Posted On: 2020-11-20 04:18:58 (Time Zone: Arizona, USA)


The Board of directors of WeP Solutions Ltd at their meeting held on November 6, 2020 had approved an offer for issuance of fully paid-up equity shares of the Company for an amount not exceeding Rs. 10 Crores (Rupees Ten Crores) by way of a Rights Issue to all the eligible equity shareholders of the Company as on the record date (to be notified subsequently), in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, along with the relevant circulars issued by the Securities and Exchange Board of India ("Rights Issue").

A meeting of the Rights Issue Committee of the Board Members of the Company held on 20th November 2020 has approved the Issue on the following terms:

Instrument: Equity shares of Face Value ₹ 10 each ("Rights Equity Shares").

Rights Issue Price: ₹ 10/ - per equity share at par.

Number of Rights Equity Shares to be issued: 98,68,640 Rights Equity Shares, for an amount aggregating to ₹ 9,86,86,400/- (assuming full subscription).

- Rights Entitlement Ratio: 3 Equity Shares for every 8 Equity Shares held by eligible Equity Shareholders of the Company as on the record date. The record date shall be notified subsequently.

Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs.18.2 as compared to the previous close of Rs. 18.2. The total number of shares traded during the day was 2041 in over 19 trades.

The stock hit an intraday high of Rs. 18.8 and intraday low of 17.45. The net turnover during the day was Rs. 37221.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Nureca Ltd Q1FY22 consolidated PAT zooms to Rs. 36.19 crore

Yash Pakka Ltd Q1FY22 PAT jumps to Rs. 10.35 crore

Jindal Capital Ltd Q1FY22 net profit at Rs. 28.57 lakhs

Reliance Home Finance Ltd Q1FY22 loss at Rs. 287.53 crores

Nagpur Power and Industries Ltd Q4FY21 consolidated PAT at Rs. 1.41 crore

Mallcom India Ltd posts consolidated PAT of Rs. 5.01 crore in Q1FY22

NTPC Limited board approves fund raising proposal of up to Rs. 18,000 crore

Himatsingka Seide Ltd board approves fund raising proposal

Dalmia Bharat Sugar and Industries Ltd to set up two grain based distilleries

Starlit Power Systems Ltd Q1FY22 loss at Rs. 2.52 crore

L G Balakrishnan and Bros Ltd posts consolidated PAT of Rs. 32.96 crore in Q1FY22

Jayant Agro-Organics Ltd Q1FY22 consolidated net profit at Rs. 21.04 crores

International Conveyors Ltd reports Rs. 4.74 crore consolidated PAT in Q1FY22

TGV Sraac Ltd Q1FY22 PAT at Rs. 9.76 crore

KEI Industries Ltd Q1FY22 consolidated PAT at Rs. 67.10 crores

IDFC First Bank Ltd reports consolidated loss of Rs. 621.16 crores in Q1FY22

A K Capital Services Ltd Q1FY22 consolidated PAT higher at Rs. 20.05 crore

Unick Fix-A-Form And Printers Ltd reports Q1FY22 net profit of Rs. 1.30 crore

N K Industries Ltd posts consolidated loss of Rs. 67.40 lakhs in Q1FY22

Surya Roshni Ltd Q1FY22 consolidated PAT slips QoQ to Rs. 37.30 crores

Sayaji Industries Ltd Q1FY22 consolidated PAT drops QoQ to Rs. 5.20 crore

Relaxo Footwears Ltd Q1FY22 PAT at Rs. 30.96 crore

ICRA upgrades rating of Puravankara Limited

Gujarat Ambuja Exports Ltd board approves fund raising of Rs. 1000 crores

Action Construction Equipment Ltd board approves QIP to raise Rs. 175 crores

Containerway International Ltd Board approves Sub-division of equity shares

NCL Industries Ltd consortium receives LoA for bids aggregating to Rs. 1863.19 crores

First Aluminium Metro train for Pune Metro flagged off at Titagarh Italy

The Ramco Cements launches Ramco Super Plaster

H G Infra Engineering Limited receives LOA from NHAI for road project in Andhra Pradesh

Kings Infra Ventures ties up with TNJFU for collaborative project aimed at doubling fish farmers' income

Rossari Biotech announces Q1 FY22 results

Gujarat Ambuja Exports Ltd Q1FY22 consolidated PAT at Rs. 113.83 crores

NTPC Ltd Q1FY22 consolidated net profit at Rs. 3411.56 crores

Swiss Military Consumer Goods Limited Q1FY22 PAT at Rs. 18.08 lakhs

Poddar Pigments Ltd Q1FY22 net profit at Rs. 4.71 crore

D-Link India Ltd Q1FY22 consolidated PAT at Rs. 8.51 crore

INCAP Ltd Q1FY22 net profit at Rs. 9.97 lakhs

Action Construction Equipment Ltd Q1FY22 consolidated PAT at Rs. 19.31 crore

Sarda Energy and Minerals Ltd reports consolidated Q1FY22 PAT of Rs. 168.06 crores

AYM Syntex Ltd posts PAT of Rs. 9.24 crore in Q1FY22

Rain Industries Ltd Q2CY21 consolidated PAT rises to Rs. 235.29 crores

Photoquip India Ltd Q1FY22 loss at Rs. 15.11 lakhs

Vinati Organics Ltd Q1FY22 consolidated PAT higher at Rs. 80.92 crores

Unichem Laboratories Ltd Q1FY22 consolidated loss at Rs. 11.48 crores

Pudumjee Paper Products Ltd Q1FY22 PAT slips QoQ to Rs. 13.88 crore

Ushakiran Finance Ltd Q1FY22 PAT at Rs. 3.09 lakhs

SKP Securities Ltd Q1FY22 PAT up at Rs. 1.22 crore

Ultracab India Ltd Q1FY22 PAT at Rs. 54.95 lakhs

Welspun Corp Ltd to create Pipe and Steel verticals


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020