Kopran Ltd allots 2050000 Equity Shares and 2150000 Warrants on preferential basis

The Corporate Affairs Committee on authorization of Board of Directors of Kopran Ltd met on November 26, 2014 to finalise the allotment of Equity Shares and Warrants.

After due consideration of the application received, with the terms of issue and in compliance with SEW ICDR Regulations 2009 and any amendment thereof, the committee has allotted 2050000 Equity Shares of face value Rs.10 at a premium of Rs.56 each and 2150000 Warrants at Rs 66 each to be converted in Equity Shares of face value 10 at a premium of Rs.56 to Oricon Properties Private Limited, a Promoter Group Company.

Shares of KOPRAN LTD. was last trading in BSE at Rs.56.45 as compared to the previous close of Rs. 56.05. The total number of shares traded during the day was 72287 in over 1262 trades.

The stock hit an intraday high of Rs. 57.5 and intraday low of 56.2. The net turnover during the day was Rs. 4107833.

Source : Equity Bulls

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