Ansal Properties and Infrastructure Ltd allots 2.12 crore warrants

The board of directors of Ansal Properties and Infrastructure Ltd have approved the allotment of 2,12,00,000 nos. of Warrants, convertible into equivalent nos. of Equity shares (i.e. one fully paid up Equity share upon conversion of every one Warrant held) of a face value of Rs. 5/- (Rupees Five) each of the Company ('Warrants'), at an exercise price of Rs 17/- (including a premium of Rs 12/-) per Equity share ('Exercise Price').

Shares of Ansal Properties & Infrastructure Limited was last trading in BSE at Rs. 13.07 as compared to the previous close of Rs. 12.48. The total number of shares traded during the day was 45514 in over 117 trades.

The stock hit an intraday high of Rs. 13.10 and intraday low of 12.40. The net turnover during the day was Rs. 593990.00.

Source : Equity Bulls

Keywords

AnsalPropertiesandInfrastructure INE436A01026 ANSALAPI Realty FundRaising ConvertibleWarrants