Kilburn Chemicals to redeem 129000 11% Cumulative Redeemable Preference Shares

The Board of Kilburn Chemicals Ltd has decided to redeem the entire balance of 1,29,000 Cumulative Redeemable Preference Shares of Rs. 100/- each on February 24, 2011, being the date of redemption.

The Kilburn Chemicals Ltd stock was trading at Rs.23.45, down by Rs.5.80 or 19.83%. The stock hit an intraday high of Rs.29.15 and low of Rs.23.45.

The total traded quantity was 74577 compared to 2 week average of 3477.

Source : Equity Bulls

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