Lesha Industries Ltd to consider issue of securities on April 12, 2012

A meeting of the Board of Directors of the Company will be held on April 12, 2012, to consider allotment upto 33,00,000 Equity Shares of Rs. 10/- each @ Rs. 20/- per share to non promoters, on preferential allotment basis in terms of approval of members in EGM held on March 26, 2012.

The Board will also consider allotment upto 6,50,000 Equity Shares of Rs. 10/- each @ Rs. 20/- per share to promoter group entity, on preferential allotment basis in terms of approval of members in EGM held on March 26, 2012.

The Lesha Industries Ltd stock was trading at Rs.13.95, up by Rs.0.65 or 4.89%. The stock hit an intraday high of Rs.13.95 and low of Rs.13.88.

The total traded quantity was 3675 compared to 2 week average of 2386.

Source : Equity Bulls

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