SRG Housing Finance Ltd to consider allotment of 5 lakh warrants

A meeting of the Board of Directors of SRG Housing Finance Ltd is scheduled on 24/11/2022, to consider and approve allotment of 5,00,000 Warrants convertible into Equity Shares of face value of Rs.10/- each (Rupee Ten Only) at a price of Rs. 200/- (Rupees Two Hundred only) per warrant {including premium of Rs. 190 (Rupees One Hundred Ninty only} on Preferential Basis, in terms of approval accorded by the Shareholders at the Extra Ordinary General Meeting of the Company held on September 26, 2022 and in terms of the In-principal approval dated November 11, 2022 received from BSE Ltd.

Shares of SRG HOUSING FINANCE LTD. was last trading in BSE at Rs. 198.85 as compared to the previous close of Rs. 196.70. The total number of shares traded during the day was 525 in over 26 trades.

The stock hit an intraday high of Rs. 204.70 and intraday low of 193.00. The net turnover during the day was Rs. 104127.00.

Source : Equity Bulls

Keywords

SRGHOUSINGFINANCE INE559N01010 FundRaising ConvertibleWarrants