Patel Integrated Logistics approves allotment of 95 lakh equity shares on rights basis

The equity shares will have a face value of Rs10/- each at a price of Rs10 per rights equity share to the eligible applicants, the company said.

Mar 23, 2021 11:03 IST India Infoline News Service

Patel Integrated Logistics Limited on Monday has approved the allotment of 95 lakh fully paid-up rights equity shares of the face value of Rs10/- each at a price of Rs10 per rights equity share to the eligible applicants.

The company board had approved the Letter of Offer and the terms of the rights issue on February 12, 2021.

At around 11.50 am, Patel Integrated Logistics Ltd was trading at Rs20.10 per piece up by Rs0.05 or 0.25% from its previous closing of Rs20.05 per piece on the BSE.

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