Money Matters Financial Services Ltd allots 8401 Equity Shares pursuant to conversion of warrants

The Warrant Conversion Committee of Money Matters Financial Services Ltd has approved allotment of 8401 (Eight thousand four hundred and one) Equity Shares of Rs. 10/- each at a premium of Rs. 67.54/- to the applicants who had applied for conversion of their warrants under the 3rd warrant conversion period. Allotment was approved by passing resolution through circulation on March 30, 2012.

The 3rd Warrant Conversion Period has commenced on December 27, 2011, and has expired on March 26, 2012.

The Money Matters Financial Services Ltd stock closed the day at Rs.78.90, down by Rs.6.05 or 7.12%. The stock hit an intraday high of Rs.86.90 and low of Rs.75.

The total traded quantity was 0.18 lakhs compared to 2 week average of 0.15 lakhs.

Source : Equity Bulls

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