KDDL Ltd Board approves conversion of 4,40,000 warrants

The Board of Directors of KDDL Ltd at its meeting held on March 28, 2012, has approved the conversion of 4,40,000 (four lacs and forty thousand only) Zero Coupon Convertible Warrants into equivalent number of equity shares of the Company.

The KDDL Ltd stock was trading at Rs.118, up by Rs.1.15 or 0.98%. The stock hit an intraday high of Rs.124.90 and low of Rs.116.

The total traded quantity was 12999 compared to 2 week average of 8965.

Source : Equity Bulls

Keywords