Panyam Cements & Mineral Industries allots NCDs

The Board of Directors of Panyam Cements & Mineral Industries Ltd at its meeting held on May 02, 2016, has considered and allotted the Non Convertible Debentures pursuant to Sections 42, 71 and other applicable provisions, if any, of the Companies Act 2013.

EW India Special Assets Fund Pte Limited was allotted 242 Non Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 24,20,00,000/- and Ecap Equities Limited was allotted 58 Non-Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 5,80,00,000/-.

Shares of PANYAM CEMENTS & MINERAL INDUSTRIES LTD. was last trading in BSE at Rs.66.15 as compared to the previous close of Rs. 69.05. The total number of shares traded during the day was 9375 in over 131 trades.

The stock hit an intraday high of Rs. 69.85 and intraday low of 65.65. The net turnover during the day was Rs. 628391.

Source : Equity Bulls

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