Uniply Industries allots 29,91,187 equity shares

Uniply Industries allots 29,91,187 equity shares

25/11/2016 12:15

Plywood and panel products maker Uniply Industries Ltd on Friday said that its board has allotted 29,91,187 equity shares of Rs 10 each at Rs 204.62 per share on preferential basis to promoter and non-promoter of the company.

In a filing to the Bombay Stock Exchange, the company said, “The Board of Directors have allotted 29,91,187 no’s of new fully paid up equity shares of Rs 10 each at Rs 204.62 per share on preferential basis to promoter and non-promoter of the company at their meeting held on November 24, 2016.”

Pursuant to the said allotment, the issued, subscribed & paid up equity capital of the company has increased from Rs 20,91,60,120 to Rs 23,90,71,990, it said.

The equity shares allotted as above shall, rank pari-pasu with the existing equity shares of the company and shall be entitled to such dividends and corporate benefits, if any declared by the company after the allotment, it added.

Meanwhile, shares of the company were trading at Rs 224 apiece, up 2.07 per cent, from previous close on BSE at 12:17 hours.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s