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Natural Capsules allots over 31.16 lakh partly paid shares on rights basis; Stock gains ~1%

The current market cap of the company is Rs271.87cr.

December 30, 2021 9:27 IST | India Infoline News Service
The Board of Directors of Natural Capsules Limited has approved the allotment of Equity shares to eligible Equity Shareholders ("Issue").

As per regulatory filing, pursuant to the finalization of Basis of Allotment for the Issue, approved by BSE Limited, the Board of Directors considered and approved the allotment of Partly Paid 31,16,350 Equity Shares of Rs100 each aggregating to Rs3,116.35 lacs (Rs25 each was called on application) on Rights basis to eligible Equity Shareholders as on the Record Date i.e. November 12, 2021.

At around 9:29 AM, Natural Capsules was trading at Rs292.95 apiece up by Rs2.15 or 0.74%.

Previously, the scrip ended at Rs290.80 apiece on the BSE.

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