Penny Stock Under Rs 2/Share Okays Allotment of 6000 NCDs Worth Rs 60 Cr – Goodreturns

In a recent development, Penny Stock under Rs 2 per share has approved the allotment of 6000 Non-Convertible Debentures (NCDs) totaling Rs 60 crore. The decision was made by the company to raise funds through this issuance. This move is expected to strengthen the financial position of the company and support its growth plans. Investors are keeping a close eye on the company’s performance as it moves forward with its plans for expansion.