7Seas Technologies allots 100000 shares

The Board of Directors of 7Seas Technologies Ltd at its meeting held on February 02, 2012 has duly considered and allotted 1,00,000 Equity Shares of Rs. 10/- each with a premium of Rs. 40/- each upon conversion of 1,00,000 Warrants to the promoter on preferential basis.

The 7Seas Technologies Ltd stock was trading at Rs.41.35, up by Rs.2.10 or 5.35%. The stock hit an intraday high of Rs.41.35 and low of Rs.41.35.

The total traded quantity was 200 compared to 2 week average of 2733.

Source : Equity Bulls

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