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Shish Industries informs about outcome of board meeting

16 May 2023 Evaluate

Shish Industries has informed that the Board of Directors of the Company, in their Board Meeting held on today on May 16, 2023, at the Registered Office of the Company which was commenced at 02:30 pm and concluded at 03:10 pm, has apart from other business, considered and approved, allotment of 333190 equity shares of face value Rupees 10.00 each, for cash, at a price of Rupees 216.10 per equity share (including a premium of Rupees 206.10 per equity share), aggregating to Rupees 7,20,02,359.00 by way of a preferential issue to persons other than the promoters and promoter group of the Company. Consequent to above mentioned allotment, the issued, subscribed and paid-up equity share capital of the Company stands increased to Rupees 11,39,71,330.00 divided into 11397133 equity shares of face value Rupees 10.00 each from Rupees 11,06,39,430.00 divided into 11063943 equity shares of face value Rupees 10.00 each. Equity shares allotted on the preferential allotment basis shall rank with the existing equity shares of the Company in all respects.

The above information is a part of company’s filings submitted to BSE.

Shish Industries Share Price

12.08 -0.15 (-1.23%)
13-Jul-2026 14:41 View Price Chart
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