Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.
Ashoka India Equity Investment Trust Plc has announced the issuance of 3,050,000 new ordinary shares at a price of 266 pence each, which is a premium to the current net asset value. With this issue, the company’s total issued share capital is now 144,007,445 shares, all with voting rights. This move is part of the company’s effort to expand its capital base under its block listing facility.
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