Alpha Tribe

HEC Infra Projects LimitedQIP/Rights/Pref., 12-03-2025: Allotment of Securities

12-03-2025 · 03:12 pm

HEC Infra Projects has announced the allotment of 7,00,000 equity shares at an issue price of ₹129 each, including a premium of ₹119 per share, to a promoter group member. The shares have a face value of ₹10 each and will be subject to the lock-in provisions under SEBI regulations. Following the allotment, the shareholding of the investor, Rahul Gaurang Shah, will increase to 7,11,590 shares, representing approximately 6.57% of the total equity. The company will pursue a listing application as per regulatory requirements.

No comments yet. Be the first to comment!

All announcements from HEC Infra Projects Limited