GSS Infotech gains on planning to raise funds through various modes
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GSS Infotech is currently trading at Rs. 108.75, up by 0.15 points or 0.14% from its previous closing of Rs. 108.60 on the BSE.
The scrip opened at Rs. 107.00 and has touched a high and low of Rs. 112.70 and Rs. 105.00 respectively. So far 16899 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.00 on 26-Nov-2021 and a 52 week low of Rs. 38.00 on 19-Jan-2021.
Last one week high and low of the scrip stood at Rs. 113.00 and Rs. 78.15 respectively. The current market cap of the company is Rs. 182.83 crore.
The promoters holding in the company stood at 19.63%, while Institutions and Non-Institutions held 5.00% and 75.37% respectively.
GSS Infotech is planning to raise funds by way of issuance of equity shares/convertible warrants including but not limited to through preferential issue and/ or Qualified Institutions Placement (QIP)/ or any other methods on private placement basis, through one or more permissible modes or issue of securities in any combination thereof etc. subject to regulatory approvals, as may be required. A meeting of the Board of Directors of the Company is scheduled to be held on December 04, 2021 inter-alia to consider the same.
GSS Infotech is a pioneer in applying innovative, technology-based solutions to common business problems. It helps organizations leverage the power of Virtualization, 'The Cloud' and outsourced models of technology services delivery.
