Va Tech Wabag up on allotment of shares to Rekha Jhunjhunwala

Va Tech Wabag up on allotment of shares to Rekha Jhunjhunwala

by admin- Wednesday, September 30th, 2020 04:59:01 PM

Shares of Va Tech Wabag rose over 7% touching to Rs. 204.Sixty five, after the announcement that Rekha Rakesh Jhunjhunwala, spouse of ace investor Rakesh Jhunjhunwala, will make investments Rs. 80 crore in the employer.

The company has decided to raise Rs. One hundred twenty crore thru preferential trouble, and on September 29, finalised the allotment of fairness stocks on a preferential basis.

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