Consolidated Construction Consortium Ltd allots 2,85,71,436 equity shares

The Board of Directors of Consolidated Construction Consortium Limited has, considered and approved in their meeting held today i.e., on Thursday, the 27th Mar 2025, the allotment of 2,85,71,436 equity shares of face value of Rs.2/- (Rupees Two only) each at an issue price of Rs. 17.50/- (Rupees Seventeen and Fifty Paise only) per equity share including a premium of Rs. 15.50/- (Rupees Fifteen and Fifty Paisa only) per equity share, aggregating upto Rs.50,00,00,130/- (Rupees Fifty Crores and One hundred and thirty only) to M/s. Systematic Conscom Limited, under Non-Promoters category, on a preferential basis.

Shares of Consolidated Construction Consortium Limited was last trading in BSE at Rs. 14.00 as compared to the previous close of Rs. 13.73. The total number of shares traded during the day was 21072 in over 29 trades.

The stock hit an intraday high of Rs. 14.00 and intraday low of 14.00. The net turnover during the day was Rs. 295008.00.

Source : Equity Bulls

Keywords

CCCL INE429I01024 Residential Commercial Projects SharesAllotment PreferentialIssue SystematicConscom