Shasun Pharmaceuticals allots 65,78,947 shares to Caduceus Asia Mauritius Ltd.

The Board of Directors of Shasun Pharmaceuticals Ltd at its meeting held on March 29, 2012 allotted 65,78,947 equity shares to M/s. Caduceus Asia Mauritius Limited, Mauritius. The Company also appointed Dr. Sunny Sharma nominee of M/s. Caduceus Asia Mauritius Ltd. as an Additional Director of the Company.

The Shasun Pharmaceuticals Ltd stock closed the day at Rs.79.75, up by Rs.0.40 or 0.50%. The stock hit an intraday high of Rs.81 and low of Rs.76.65.

The total traded quantity was 8841 compared to 2 week average of 53348.

Source : Equity Bulls

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