Transfer of Equity Shares of CONCOR by Government of India for FFO to CPSE - ETF

It has been brought to notice of Container Corporation of India Ltd (CONCOR) by Ministry of Railways (MoR) vide its letter dated February 06, 2017 (Copy enclosed) that 31,05,940 Equity Shares (consisting of 1.59% of paid-up Share Capital) of CONCOR have been transferred to Further Fund Offer (FFO) to CPSE-ETF Account of Department of Investment & Public Asset Management (DIPAM), Ministry of Finance vide their D.O. No. 9/5/2009-DD-II (pt.-7) Vol.II dated January 17, 2017.

In view of above, the shareholding of Govt. of India in CONCOR would now be 10,75,45,505 equity shares i.e. 55.16% of paid-up Share Capital of CONCOR.

Shares of CONTAINER CORPORATION OF INDIA LTD. was last trading in BSE at Rs.1290 as compared to the previous close of Rs. 1260.8. The total number of shares traded during the day was 19843 in over 1623 trades.

The stock hit an intraday high of Rs. 1292 and intraday low of 1260. The net turnover during the day was Rs. 25362800.

Source : Equity Bulls

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