Quality RO Industries Ltd to raise funds

The Board of Directors of Quality RO Industries Limited at its meeting held on Monday, January 09, 2023 at the Registered Office has considered and approved the alteration of Object clause of Memorandum of Associations of Company subject to approval of Shareholder.

The board approved increasing of Authorised Capital of Company from Rs. 2,00,00,000 divided into 20,00,000 Equity shares of face value of Rs.10/- each to Rs. 3,50,00,000/- divided into 35,00,000 Equity Shares of face value of Rs. 10/- each subject to approval of Shareholders.

The board also approved issue of upto 6,20,000 Equity Shares on preferential basis to Non-Promoters category subject to approval of shareholders.

Shares of Quality RO Industries Limited was last trading in BSE at Rs. 67.00 as compared to the previous close of Rs. 65.45. The total number of shares traded during the day was 2000 in over 1 trades.

The stock hit an intraday high of Rs. 67.00 and intraday low of 67.00. The net turnover during the day was Rs. 134000.00.

Source : Equity Bulls

Keywords

QualityROIndustries INE0KAF01018 IndustrialProducts PreferentialIssue