Gujarat Borosil to allot preference shares to Borosil Glass Works Ltd.

A meeting of 'Allotment Committee of Preference Shares' of the Directors of Gujarat Borosil Ltd, will be held on March 17, 2012, to consider issue and allotment of 9% Cumulative Non-Convertible Redeemable Preference Shares of Rs. 100/- each to Borosil Glass Works Limited, a promoter Company.

The Gujarat Borosil Ltd stock was trading at Rs.6.95, up by Rs.0.05 or 0.72%. The stock hit an intraday high of Rs.7.08 and low of Rs.6.95.

The total traded quantity was 2000 compared to 2 week average of 19066.

Source : Equity Bulls

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