Infronics Systems Ltd approves conversion of 17,40,350 warrants

The Board of Directors of Infronics Systems Ltd at its meeting held on March 31, 2012, has considered and approved the conversion of 17,40,350 warrants into 17,40,350 Equity shares at an issue price of Rs. 38 per share.

The Infronics Systems Ltd stock was trading at Rs.29.90, down by Rs.0.05 or 0.17%. The stock hit an intraday high of Rs.29.90 and low of Rs.29.90.

The total traded quantity was 1000 compared to 2 week average of 1361.

Source : Equity Bulls

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