Aplab Ltd allots 1,25,70,000 partly paid-up rights shares

The Rights Issue Committee of the Board of Directors of Aplab Limited ("the Company") held today, Friday, July 04, 2025, has, considered and approved the allotment of 1,25,70,000 Partly Paid-up Rights Equity Shares ("Rights Equity Shares") of face Value of Rs. 10/- each at an issue price of Rs. 19/- per Rights Equity Share [including a premium of Rs. 9/- per Rights Equity Share]. The Rights Equity Shares have been allotted in the ratio of 1 (One) Rights Equity Shares for every 1 (One) fully paid- up Equity Shares held as on the Record Date i.e., Thursday, May 29, 2025.

The said allotment is made pursuant to the terms set out in the Letter of Offer dated May 27, 2025, and the 'Basis of Allotment' as finalized in consultation with the Adroit Corporate Services Private Limited ("Registrar to the Issue") and as approved by BSE Limited ("the Designated Stock Exchange for the Issue").

Shares of APLAB LTD. was last trading in BSE at Rs. 48.01 as compared to the previous close of Rs. 47.07. The total number of shares traded during the day was 38170 in over 30 trades.

The stock hit an intraday high of Rs. 48.01 and intraday low of 46.14. The net turnover during the day was Rs. 1815461.00.

Source : Equity Bulls

Keywords

APLAB INE273A01015 FundRaising RightsIssue PartlyPaidupShares Allotment