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Board of Artemis Electricals approves preferential allotment of shares aggregating Rs 3.20 cr

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Capital Market
Last Updated : Feb 12 2021 | 11:31 AM IST

At meeting held on 11 February 2021

The Board of Artemis Electricals at its meeting held on 11 February 2021 has approved the allotment of 4,00,000 equity shares of face value Rs. 10 each, for cash, at a price of Rs. 80 per equity share (including a premium of Rs. 70 per equity share), aggregating to Rs 3.20 crore by way of a preferential allotment to the Deepa Travel, Promoter Group Category.

Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased to Rs. 25,10,36,900 (divided into 2/51,03,690 equity shares of face value Rs.10 each) from Rs. 24,70,36,900 (divided into 2,47,03,690 equity shares of face value Rs.10 each).

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First Published: Feb 12 2021 | 11:04 AM IST

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