Pitti Laminations allots shares to promoters
Pitti Laminations Ltd, makers of laminations for the electrical industry, on Tuesday said it has allotted 9.60 lakh shares and 2.40 lakh share warrants to promoters and non-promoters.
By PTI |
MUMBAI: Pitti Laminations Ltd, makers of laminations for the electrical industry, on Tuesday said it has allotted 9.60 lakh shares and 2.40 lakh share warrants to promoters and non-promoters.
The board of directors at its meeting on June 30 allotted 9.60 lakh equity shares of Rs 10 at a price of Rs 120 each to promoters and non-promoters, the company informed the Bombay Stock Exchange.
Out of the 9.60 lakh shares, six lakh shares were allotted to Horse Shoe Capital, three lakh shares to Minivet Ltd, while 30,000 shares each were allotted to Sharad B Pitti and Akshay S Pitti, it added.
The company has also allotted 1.20 lakh share warrants each to Sharad B Pitti and Akshay S Pitti, it said.
The shares of the company were trading at Rs 84, up 3.90 per cent on the BSE.
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