Religare Enterprises raises Rs 405 cr from preferential allotment
Religare Enterprises said it has raised Rs 404.99 crore my making preferential allotment of shares to Hospitalia Information Systems.
By PTI | Updated:
MUMBAI: Financial services provider Religare Enterprises Ltd on Tuesday said it has raised Rs 404.99 crore my making preferential allotment of shares to Hospitalia Information Systems.
Religare has allotted 95.97 lakh shares of Rs 10 each for cash at price of Rs 422, including a premium of Rs 412 per share, to Hospitalia Information Systems Private Limited, the company said in a filing to the BSE.
Hospitalia Information Systems is a wholly-owned subsidiary of RHC Finance Private Limited, a promoter proup company. Post-allotment, the paid-up equity share capital of Religare Enterprises increased from Rs 139.70 crore to Rs 149.30 crore.
Shares of Religare Enterprises closed at Rs 375.25, down 1.48 per cent over their previous close on the BSE.
Religare has allotted 95.97 lakh shares of Rs 10 each for cash at price of Rs 422, including a premium of Rs 412 per share, to Hospitalia Information Systems Private Limited, the company said in a filing to the BSE.
Hospitalia Information Systems is a wholly-owned subsidiary of RHC Finance Private Limited, a promoter proup company. Post-allotment, the paid-up equity share capital of Religare Enterprises increased from Rs 139.70 crore to Rs 149.30 crore.
Shares of Religare Enterprises closed at Rs 375.25, down 1.48 per cent over their previous close on the BSE.
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