Goblin India Ltd receives nod for preferential issue of OCDs

Goblin India Ltd has received an In-Principle Approval for issue of 8,75,000 equity shares of Rs. 10/- each to be issued at a price not less than Rs. 78/- and 25,64,102 Optionally Convertible Debentures (OCDs) of Rs. 78/- each convertible into 25,64,102 equity shares of Rs. 10/- each to be issued at a price not less than Rs. 78/- to non-promoters for cash consideration on a preferential basis.

Shares of Goblin India Ltd was last trading in BSE at Rs. 68.10 as compared to the previous close of Rs. 69.90. The total number of shares traded during the day was 4000 in over 2 trades.

The stock hit an intraday high of Rs. 69.80 and intraday low of 68.10. The net turnover during the day was Rs. 275800.00.

Source : Equity Bulls

Keywords

GoblinIndia INE492Z01018 FundRaising PreferentialIssue InPrincipleApproval