Jindal Capital Ltd allots 40,00,000 shares

The Board of Directors of Jindal Capital Ltd at its meeting held on March 31, 2012, has issued and allotted 40,00,000 equity shares to the shareholders of erstwhile Scan Services Pvt. Ltd. (Transferor Company) in pursuance to the Scheme of Amalgamation of Scan Services Pvt. Ltd. with Jindal Capital Ltd. approved by the Hon'ble High Court of Delhi vide order dated December 01, 2011.

The Jindal Capital Ltd stock was trading at Rs.10.40, up by Rs.0.30 or 2.97%. The stock hit an intraday high of Rs.10.60 and low of Rs.9.60.

The total traded quantity was 1688 compared to 2 week average of 1923.

Source : Equity Bulls

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