Mahindra Gesco allots 60 lakh shares
Real estate company Mahindra Gesco Developers Ltd on Wednesday said it had allotted 60 lakh equity shares worth Rs 48 crore to Qualified Institutional Investors.
By PTI |
MUMBAI: Real estate company Mahindra Gesco Developers Ltd on Wednesday said it had allotted 60 lakh equity shares worth Rs 48 crore to Qualified Institutional Investors.
The company informed the Bombay Stock Exchange that the Capital Issue sub Committee of the directors allotted the shares of Rs 10 each at a premium of Rs 790 per share (price of Rs 800 per share) to the Qualified Institutional Investors.
Shares of the Mumbai-based company were down 1.54 per cent on the BSE trading at Rs 821.
The company informed the Bombay Stock Exchange that the Capital Issue sub Committee of the directors allotted the shares of Rs 10 each at a premium of Rs 790 per share (price of Rs 800 per share) to the Qualified Institutional Investors.
Shares of the Mumbai-based company were down 1.54 per cent on the BSE trading at Rs 821.
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