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Vaksons Automobiles allots equity shares

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Capital Market
Last Updated : May 04 2016 | 12:04 AM IST

Through IPO

Vaksons Automobiles announced that the Company has issued and allotted 24,00,000 equity shares of Rs. 10 each at the price of Rs. 26 per share (including share premium of Rs. 16 per share) through Initial Public Offer aggregating to Rs. 6.24 crore . Pursuant to regulation 32(1) of SEBI(LODR)Regulations 2015, the Company hereby submit that there has been no deviation in utilization of issue proceeds of the said issue from the object stated in the prospectus.

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First Published: May 03 2016 | 2:32 PM IST

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