NSE Grants In-Principle Approval for On Door Concepts’ Preferential Issue of Equity Shares
The National Stock Exchange of India (NSE) has granted in-principle approval for the listing of a tranche of equity shares issued by On Door Concepts Limited on a preferential basis. The approval covers 13,51,900 equity shares with a face value of Rs. 10/- each.The NSE confirmed its acceptance of the company's application and associated documentation pertaining to the listing of these shares. These newly allotted Equity Shares will rank pari passu in all respects with the Company’s existing fully paid-up Equity Shares.
For the successful listing and subsequent admission of these shares to dealings on the Exchange, receipt of confirmation from the depositories, including NSDL and CDSL for the credit of beneficiaries' accounts, is necessary.
The approval pertains specifically to 1351900 equity shares of Rs. 10/- each, which were issued by On Door Concepts Limited on a preferential basis.
ONDOOR Stock Price Movement
On Door Concepts Limited shares today shed 4.98% of their value, settling at ₹198.05 in after-hours trading. The stock saw a volume of 32,100 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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