Cella Space Ltd to consider redemption of NCCPS issued to KSIDC
Posted On: 2020-12-21 07:49:17 (Time Zone: Arizona, USA)
A meeting of the Board of Directors of Cella Space Ltd is scheduled on 28/12/2020, to consider and approve the redemption of fully paid 11.25% Unlisted Non-convertible Cumulative Preference Shares of Rs.10/- (Rupees Ten only) each aggregating to Rs. 6 Crores which were issued to Kerala State Industrial Development Corporation Limited (KSIDC), at par by way of fresh issue of 60,00,000 (Sixty Lakhs) 11.25% Non-convertible Cumulative Redeemable Preference Shares of Rs.10/- (Rupees Ten only) each.
Shares of Cella Space Ltd was last trading in BSE at Rs.6.65 as compared to the previous close of Rs. 6.99. The total number of shares traded during the day was 6163 in over 8 trades.