The board of directors of Symbiox Investment & Trading Co Ltd has approved a proposal to raise funds, not exceeding ₹ 20 crore, through a rights issue to eligible equity shareholders of the company. The rights issue will be in the form of equity or any other convertible instruments. The record date for the rights issue will be announced at a later time.
The board has established the Right Issue Committee to handle the rights issue process, including determining the record date, rights issue price, rights entitlement ratio, selecting intermediaries, and other related matters.
The shares of Symbiox Investment & Trading Company Ltd were last traded on the BSE at a price of ₹ 6.04, compared to the previous close of ₹ 5.95. A total of 870292 shares were traded during the day in over 2115 trades.
The stock reached an intraday high of ₹ 6.24 and an intraday low of ₹ 5.75. The total turnover for the day was ₹ 53,10,626.00.
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