Vaksons Automobiles to migrate to BSE Main Board
Vaksons Automobiles got the approval from its Board to shift the company listing from BSE SME platform to BSE main board.
Company : Vaksons Automobiles Ltd
Board of Directors at Vaksons Automobiles in a meeting held on 05th Sept, 2020, considered the proposal of migration of the company from BSE SME platform to BSE Main Board.
Vaksons Automobiles IPO was issued with 2,400,000 equity shares of the face value of Rs.10 each aggregating up to Rs.6.24 Crores. The issue is priced at Rs.26 per equity share. The minimum order quantity is 4000 Shares.
Currently, trading price of the script of Vaksons Automobiles is Rs.17.40 per equity share at the BSE main board (05th Sept, 2020).
The company"s code on BSE is (VAL | 539402 | INE256S01012)
Vaksons Automobiles is an authorised dealer for Force Motors Ltd. Company sells and services Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), Small Commercial Vehicles (SCV Vehicles).
Apart from the vehicle dealership business, Vaksons Automobiles have also been involved in trading of vehicle spare parts and utilities of branded as well as generic products forming part of the auto value chain.