Investment30 Mar 2026, 04:07 pm
Ashoka Buildcon Allotted 66.5 Lakh Shares in Ashoka Infrastructure Under Rights Issue
AI Summary
Ashoka Buildcon Limited has been allotted 66,50,000 equity shares of Rs. 10/- each, amounting to Rs. 6.65 Crore, under Rights Issue, by its wholly owned subsidiary Ashoka Infrastructure Limited. This allotment will increase the company's equity shares to 3,30,50,000, making AIL a wholly owned subsidiary. The shares were allotted on March 30, 2026, following the SEBI regulations.
Key Highlights
- Ashoka Buildcon Limited has been allotted 66,50,000 equity shares of Rs. 10/- each by Ashoka Infrastructure Limited.
- The allotment amounts to Rs. 6.65 Crore.
- This allotment increases the company's equity shares to 3,30,50,000.
- Ashoka Infrastructure Limited remains a wholly owned subsidiary of Ashoka Buildcon Limited.
- The allotment was made following the SEBI regulations on March 30, 2026.
Price Impact
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