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Ashoka India Equity Investment Trust Issues New Shares at Premium

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Ashoka India Equity Investment Trust Issues New Shares at Premium

The latest update is out from Ashoka India Equity Investment Trust Plc ( (GB:AIE) ).

Ashoka India Equity Investment Trust Plc has announced the issuance of 325,000 ordinary shares at a price of 293.00 pence per share, which is above their net asset value. This move increases the company’s total share capital to 165,814,643 shares with voting rights, potentially impacting shareholder notifications under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

More about Ashoka India Equity Investment Trust Plc

YTD Price Performance: -3.33%

Average Trading Volume: 440,399

Technical Sentiment Consensus Rating: Sell

See more insights into AIE stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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