Bengaluru, Dec. 31 -- This company is a leading infrastructure development company in India, delivering end-to-end solutions in water treatment and transmission, wastewater management and recycling, and solid waste management is now in the spotlight after allotment of new equity shares after converting an existing loan into equity.

With a market capitalisation of Rs. 1,283 cr, the shares of SPML Ltd are currently trading at Rs. 177.60 per share, increasing 8% in today's market session, making a high of Rs. 185, up from its previous close of Rs. 170.95 per share.

SPML Infra has informed that its board has approved the allotment of 11.44 lakh new equity shares after converting an existing loan into equity. These shares, with a face value ...