Himachal Futuristic Communication Ltd allots 2949750 NCDs

The Debentures Allotment Committee of the Board of the Directors of Himachal Futuristic Communication Ltd at its meeting held on Tuesday, 28th March, 2017 has approved the allotment of 10.30%, 29,49,750 Secured Unlisted Non-convertible Debentures (NCDs) of the Company of Rs.100/- (Rupees Hundred Only) each aggregating to Rs.29,49,75,000/-(Rupees Twenty Nine Crore Forty Nine Lakh Seventy Five Thousand only) on private placement basis by way of conversion of outstanding right of recompense amount payable to the banks.

Shares of HIMACHAL FUTURISTIC COMMUNICATIONS LTD. was last trading in BSE at Rs.12.66 as compared to the previous close of Rs. 12.53. The total number of shares traded during the day was 1453659 in over 758 trades.

The stock hit an intraday high of Rs. 12.91 and intraday low of 12.5. The net turnover during the day was Rs. 18419854.

Source : Equity Bulls

Keywords