PEARL Polymers approves allotment of NCRPS

The Board of Directors of PEARL Polymers Ltd at its meeting held on March 31, 2012, has approved the allotment of 1st tranche of 5% Non-Cumulative Redeemable Preference shares of face value of Rs. 100 each comprising of 10,33,000 preference shares to the Company's Promoters and associates.

The PEARL Polymers Ltd stock last traded on March 30, 2012 at Rs.12.01, up by Rs.0.46 or 3.98%. The stock hit an intraday high of Rs.12.01 and low of Rs.12.01.

The total traded quantity was 50 compared to 2 week average of 596.

Source : Equity Bulls

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