Comfort Intech Limited to invest in Liquors India Ltd

The Board of Directors of the Company at its Meeting held on January 09, 2023 has considered and approved the investment of the funds of Comfort Intech Limited ("the Company" / "CIL"), by way of subscription of equity shares of Liquors India Ltd ("LIL / Associate Company of the Company") upto Rs. 4,37,89,500/- (Rupees four crore thirty-seven lakh eighty-nine thousand and five hundred only) as recommended by Audit Committee.

Liquors India Ltd is a liquor manufacturing Company incorporated under Companies Act, 1956. LIL is engaged in the business of brewers, distillers, maltsters, manufacturers and merchants in all aspects thereof.

Shares of COMFORT INTECH LTD. was last trading in BSE at Rs. 27.60 as compared to the previous close of Rs. 26.00. The total number of shares traded during the day was 53679 in over 183 trades.

The stock hit an intraday high of Rs. 28.50 and intraday low of 25.20. The net turnover during the day was Rs. 1472857.00.

Source : Equity Bulls

Keywords

COMFORTINTECH INE819A01031 Investment LiquorsIndia