Scanpoint Geomatics Ltd approves rights issue up to Rs. 30 crores

The Board of Directors of Scanpoint Geomatics Ltd at its meeting held on December 14, 2016, considered and accorded a fresh approval, subject to necessary approvals as may be required, to issue equity shares by way of right issue to the existing shareholders of the Company for an amount in aggregate up to Rs. 30 Crore in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and other applicable laws, rules and regulations.

Shares of SCANPOINT GEOMATICS LTD. was last trading in BSE at Rs.22.2 as compared to the previous close of Rs. 18.5. The total number of shares traded during the day was 807023 in over 1211 trades.

The stock hit an intraday high of Rs. 22.2 and intraday low of 19.3. The net turnover during the day was Rs. 16708839.

Source : Equity Bulls

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