Sanwaria Consumer Ltd approves issue of 28571428 Equity Shares at Rs. 35

The board of directors of Sanwaria Consumer Ltd have considered and approved the issue of 28571428 Equity Shares on preferential basis to promoters of 10/- face value at Rs. 35/- Per share (including the premium of 25/- per share).

The Board considered and approved the Increase in Authorised Share Capital to facilitate the above mentioned approved preferential issue.

The Board also considered and approved the SCL Employee Stock Option (ESOP).

Shares of Sanwaria Consumer Ltd was last trading in BSE at Rs.21.2 as compared to the previous close of Rs. 22.3. The total number of shares traded during the day was 1741338 in over 1804 trades.

The stock hit an intraday high of Rs. 22.85 and intraday low of 21.2. The net turnover during the day was Rs. 37410533.

Source : Equity Bulls

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