Kapashi Commercial Ltd to change name as Sera Investments and Finance India Ltd

The Board of Directors of Kapashi Commercial Ltd at its meeting held on Thursday, 17th February, 2022, has considered and decided to Issue 50,00,000 (Fifty Lacs) Equity Warrants at a price determined under SEBI Regulation to Promoter Group and Non-Promoter Group on preferential basis.

The board considered the alteration in Main Object Clause of Memorandum of Association of the Company by way of addition of New Objects in MOA subject to Shareholders and other regulatory approval including Reserve Bank of India.

The board has also taken note of the approval received from Central Registration Center, Ministry of Corporate Affairs for change in name of the Company from Kapashi Commercial Limited to Sera Investments and Finance India Limited subject to Shareholders and other regulatory approval including Reserve Bank of India.

Shares of KAPASHI COMMERCIALS LTD. was last trading in BSE at Rs. 41.90 as compared to the previous close of Rs. 39.95. The total number of shares traded during the day was 5388 in over 65 trades.

The stock hit an intraday high of Rs. 41.90 and intraday low of 38.50. The net turnover during the day was Rs. 224909.00.

Source : Equity Bulls

Keywords

KAPASHICOMMERCIALS INE017I01019 NameChange SeraInvestmentsandFinanceIndia Warrants FundRaising