Yash Management & Satellites further invests in Sudarshan Polyfab subsidiary

The current market cap of the company is Rs19.28cr.

Jul 20, 2021 02:07 IST India Infoline News Service

Yash Management & Satellite Ltd has informed that the company has made further investment of 24,39,024 Equity Shares of Rs. 10- each (fully paid up) payable at par through Right issue in its subsidiary (Sudarshan Polyfab Pvt Ltd.).

After this subscription total holding in its subsidiary is 55,97,760 Equity shares which is 56% of the total subscribed and paid up share capital of Sudarshan Polyfab Private Limited.

The current market cap of the company is Rs19.28cr.

At around 2:50 PM, Yash Management & Satelite was trading at Rs11 apiece down by Rs0.34 or 3% from its previous closing of Rs11.34 apiece on the BSE.

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