Sterling Holiday Resorts India Ltd approves allotment of 3386111 shares

The Board of Directors of Sterling Holiday Resorts India Ltd at its meeting held on April 10, 2012 have approved the allotment of 33,86,111 Equity Shares arising out of conversion of Warrants issued on preferential basis.

The Sterling Holiday Resorts India Ltd stock closed the day at Rs.87.90, up by Rs.1.15 or 1.33%. The stock hit an intraday high of Rs.88 and low of Rs.86.

The total traded quantity was 0.15 lakhs compared to 2 week average of 0.52 lakhs.

Source : Equity Bulls

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