Gautam Gems to consider rights issue of equity shares on January 13; Stock hits upper circuit

6 Jan 2022 , 09:30 AM

Gautam Gems Limited on January 13 will consider the Right Issue of equity shares, along with unaudited financial results for the quarter ended on December 31, 2021.

“A meeting of the Board of Directors of the Company will be held on January 13, 2022, at the registered office of the company to consider and approve Right Issue of Equity Shares and to consider and approve Unaudited Financial Result for the quarter ended on December 31, 2021,” the company said in a filing on Wednesday.

The company stock was in demand on Thursday and at around 9.35 am, Gautam Gems Limited was trading at 5% upper circuit at Rs16.32 per piece on the BSE.