Stocks

Indo Asia Finance Ltd

| Updated on December 02, 2014 Published on December 02, 2014

The board of directors of Indo Asia Finance Ltd has approved an issue of equity shares on preferential basis for an aggregate amount of ₹6 crore. The price at which the shares to be allotted will be determined according to a SEBI formula. The preferential allotment will be subject to the approval of shareholders. The stock on Tuesday closed at ₹6.69, up 2.9 per cent on the BSE.

Published on December 02, 2014
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