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Source: Live Mint Servotech Power Systems announced on Tuesday, January 21, that the company’s promoter raised its stake in the firm by converting share warrants into equity shares of the electrical equipment maker, as per the NSE filing. Company promoter Raman Bhatia has decided to convert 5 lakh share warrants into 5 lakh equity shares…
Source: Live Mint Servotech Power Systems shares surged 4.99 per cent to ₹169.41 on the NSE during intraday trading on Monday, December 30. The boost came after the company secured a significant contract from the Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) under the Kusum Component C-1 Scheme. The ₹31 crore project involves…
Source: Live Mint Shares of Servotech Power Systems hit their 5 percent upper circuit of ₹191.99, marking a record high following the company’s announcement of a fundraising initiative via preferential share issuance. The Board of Directors approved the issuance of warrants convertible into equity shares during a meeting held on September 23, 2024. The decision…
