Amtek Auto Ltd allots 2.35 crore shares

The Allotment Committee of the Board of Directors of Amtek Auto Ltd in their meeting held today i.e. 31st March, 2017, has allotted 2,35,00,000 (Two Crore and Thirty Five Lakhs) Equity Shares of face value of Rs. 2/- (Rupees Two only) each at a price of Rs. 50/- (Rupees Fifty only) per share including premium of Rs. 48/- (Rupees Forty Eight only) per share, aggregating to Rs. 117,50,00,000/- (Rupees One Hundred Seventeen Crores and Fifty Lakhs only) to M/s Aisa International Private Limited and M/s Amtek Laboratories Limited, the Promoter Group Companies, by way of Preferential Allotment.

Shares of AMTEK AUTO LTD. was last trading in BSE at Rs.33.2 as compared to the previous close of Rs. 33.45. The total number of shares traded during the day was 154516 in over 603 trades.

The stock hit an intraday high of Rs. 33.7 and intraday low of 33.1. The net turnover during the day was Rs. 5142539.

Source : Equity Bulls

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