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HEC Infra Projects Ltd. ( (IN:HECPROJECT) ) has shared an announcement.
HEC Infra Projects Limited has announced the allotment of 700,000 equity shares to its promoter group at a price of Rs. 129 per share. This preferential issue is in line with the provisions of the Companies Act, 2013, and SEBI regulations. The shares were allotted to Rahul Gaurang Shah, increasing his stake in the company significantly. This move is expected to strengthen the company’s financial position and enhance its market presence.
More about HEC Infra Projects Ltd.
YTD Price Performance: -18.51%
Average Trading Volume: 8,775
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