Aarti Industries Ltd board approves fund raising proposal

The Board of Directors of Aarti Industries Ltd at their meeting held today i.e. Tuesday, May 18, 2021 has considered and approved the raising of funds by way of issue of equity shares or any other instruments or securities including fully/partly convertible debentures or by way of a composite issue of nonconvertible debentures and warrants entitling the warrant holder(s) to apply for equity shares or any other eligible securities through Qualified institutional placement, private placement/public issue of equity/debt securities, preferential issue or through any other permissible mode and/or combination thereof as may be considered appropriate, subject to such approvals, as may be required, including the approval of the members, for an aggregate amount of up to Rs. 1500 Crores (Rupees One thousand five hundred crores)

Shares of AARTI INDUSTRIES LTD. was last trading in BSE at Rs.1746.35 as compared to the previous close of Rs. 1743.9. The total number of shares traded during the day was 80126 in over 3955 trades.

The stock hit an intraday high of Rs. 1801.05 and intraday low of 1731.8. The net turnover during the day was Rs. 141989309.

Source : Equity Bulls

Keywords