Asian Oilfield Services to issue 70 lakh shares at Rs. 21.50

The Committee of Directors of Asian Oilfield Services Ltd have decided to issue 70,00,000 Equity Shares of face value of Rs. 10/- at a price of Rs. 21.50 (including a premium of Rs. 11.50 ) per Equity Shares to Samara Capital Partners Fund I Limited on a preferential basis.

Shares of Asian Oilfield Services Ltd was last trading in BSE at Rs.23, up by Rs.1 or 4.55%. The stock hit an intraday high of Rs.23 and intraday low of Rs.21.10.

The total traded quantity was 2149 compared to 2 week average of 2160.

Source : Equity Bulls

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