Unity Infra's scrip advanced by 9.88 per cent to settle at Rs 15.02 on the BSE. In intra-day session, it jumped 19.97 per cent to Rs 16.40.
At the NSE, shares of the company rallied 11 per cent to end at Rs 15.10.
The decision was taken by the company's Board of Directors in a meeting yesterday.
"The Board of Directors of the company at its meeting held on July 6, 2015, inter alia, has ...Considered, issue and allotted 2,64,20,784 equity shares of Rs 2 each at a price of Rs 27.52 per share to promoters/promoters group companies pursuant to CDR Scheme," the company had said in a BSE filing.