Shaily Engineering Plastics Limited to consider allotment of preferential shares

A meeting of Board of Directors of Shaily Engineering Plastics Limited is scheduled to be held on Thursday, September 23, 2021, to consider and allot 855,072 equity shares of face value of Rs. 10/- each at a price of Rs. 1755/- per equity share (inclusive of premium of Rs. 1745/- per equity share) on a Preferential basis in accordance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and in terms of approval accorded by the shareholders at the 41st Annual General Meeting of the Company for the purpose.

Shares of Shaily Engineering Plastics Ltd. was last trading in BSE at Rs. 2005 as compared to the previous close of Rs. 1946.85. The total number of shares traded during the day was 1783 in over 131 trades.

The stock hit an intraday high of Rs. 2043.35 and intraday low of 1850. The net turnover during the day was Rs. 3509496.

Source : Equity Bulls

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