Suryajyoti Spinning Mills allots 1170000 Equity Shares on Conversion of warrants

The Committee of the Board of Directors of Suryajyoti Spinning Mills Ltd, at its meeting held on March 21, 2012, had allotted 11,70,000 Equity Shares of Rs. 10/- each, to the Promoters of the Company, at Rs. 31/- each upon conversion of 11,70,000 warrants.

The Suryajyoti Spinning Mills Ltd stock closed the day at Rs.14.60, down by Rs.0.32 or 2.14%. The stock hit an intraday high of Rs.15.80 and low of Rs.14.55.

The total traded quantity was 1979 compared to 2 week average of 5670.

Source : Equity Bulls

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