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Ashoka India Equity Trust Issues New Shares at Premium

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Ashoka India Equity Trust Issues New Shares at Premium

Ashoka India Equity Investment Trust Plc ( (GB:AIE) ) just unveiled an announcement.

Ashoka India Equity Investment Trust Plc has announced the issuance of 100,000 ordinary shares priced at 283.80 pence each, which is a premium to the current net asset value per share. This issuance brings the company’s total share capital to 166,589,643 ordinary shares, all of which carry voting rights. This development could impact the company’s market position by enhancing liquidity and potentially attracting more investors due to the premium pricing of shares. Shareholders can use this new share count for calculating their interests under financial regulations.

More about Ashoka India Equity Investment Trust Plc

YTD Price Performance: -5.00%

Average Trading Volume: 425,380

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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