Best Steel Logistics Ltd allots 72 lakh shares, 48 lakh warrants

The Board of Directors of Best Steel Logistics Ltd, in their meeting held today i.e. on Thursday, March 15, 2018 at 02:30 P.M. and concluded at 04:30 P.M., at the Corporate office of the Company has made allotment of 72,00,000 Equity Shares ('Shares') & 48,00,000 Fully Convertible Warrants ('Warrants'), being convertible into equivalent number of Equity Shares of Rs. 2/- each, at an issue price of Rs. 120/- each share.

Shares of Best Steel Logistics Ltd was last trading in BSE at Rs.143.9 as compared to the previous close of Rs. 140.65. The total number of shares traded during the day was 59194 in over 75 trades.

The stock hit an intraday high of Rs. 145 and intraday low of 138.6. The net turnover during the day was Rs. 8444873.

Source : Equity Bulls

Keywords