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Ashoka Trust Issues New Shares Above NAV
Company Announcements

Ashoka Trust Issues New Shares Above NAV

Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.

Ashoka India Equity Investment Trust Plc has announced the issuance of 1 million new ordinary shares at 265 pence each, a rate above the current net asset value. This move increases the company’s issued share capital to 140,957,445 shares, all with voting rights. Investors may use this new share count as a reference for mandatory disclosures under financial regulations.

For further insights into GB:AIE stock, check out TipRanks’ Stock Analysis page.

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