Deep Industries to consider allotment of 13,75,000 shares on Mar 28, 2012

A meeting of the Board of Directors of Deep Industries Ltd will be held on March 28, 2012, to consider the allotment 13,75,000 full paid up shares to Promoter and relatives of Promoter Group up on conversion of warrants.

The Deep Industries Ltd stock closed the day at Rs.60.55, down by Rs.1 or 1.62%. The stock hit an intraday high of Rs.62.50 and low of Rs.60.15.

The total traded quantity was 0.23 lakhs compared to 2 week average of 0.26 lakhs.

Source : Equity Bulls

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