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Ashoka Trust Issues New Shares Above NAV
Company Announcements

Ashoka Trust Issues New Shares Above NAV

Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.

Ashoka India Equity Investment Trust Plc has announced the issuance of 275,000 new ordinary shares at a price of 286.20 pence each, which is above the net asset value per share. This move increases the total issued share capital to 156,862,397 ordinary shares, all carrying voting rights. Shareholders will use this new total to assess changes in their ownership stake in compliance with financial regulations.

For further insights into GB:AIE stock, check out TipRanks’ Stock Analysis page.

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