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Inspirisys Solutions gains on getting nod to issue 56 lakh shares to CAC Holdings Corporation

Inspirisys Solutions is currently trading at Rs. 50.00, up by 0.25 points or 0.50% from its previous closing of Rs. 49.75 on the BSE.

The scrip opened at Rs. 46.00 and has touched a high and low of Rs. 50.00 and Rs. 46.00 respectively. So far 501 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 90.00 on 28-Aug-2018 and a 52 week low of Rs. 40.00 on 13-Feb-2019.

Last one week high and low of the scrip stood at Rs. 50.00 and Rs. 44.00 respectively. The current market cap of the company is Rs. 169.96 crore.

The promoters holding in the company stood at 64.98%, while Institutions and Non-Institutions held 0.09% and 34.93% respectively.

Inspirisys Solutions has received approval to issue upto 56,25,000 equity shares of face value Rs 10 each to CAC Holdings Corporation, Japan, the promoter of the Company, on preferential basis at an issue price which will not be lower than Rs 52 and not higher than Rs 57 per equity share.

The Board of Directors of the Company at its meeting held on May 09, 2019 has approved the same.

Inspirisys Solutions is a leading provider of Integrated IT services to small, medium and large enterprises.

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