Shri Keshav Cements And Infra Ltd approves Rs. 50 crores rights issue

The Board of Directors of Shri Keshav Cements And Infra Ltd, in their meeting held today at registered office, have approved Rights Issue of Equity Shares to the existing shareholders upto an extent of Rs.50 crores to part finance the proposed implementation of solar power facilities for captive consumption.

The Board of Directors have formed and authorized a committee to take all the necessary actions as they deemed fit to implement the decision.

Shares of Shri Keshav Cements And Infra Ltd. was last trading in BSE at Rs.185 as compared to the previous close of Rs. 189.8. The total number of shares traded during the day was 981 in over 28 trades.

The stock hit an intraday high of Rs. 187.85 and intraday low of 184. The net turnover during the day was Rs. 181398.

Source : Equity Bulls

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