GMR Infrastructure Ltd allots 3500 Secured Non-Convertible Debentures

The Debenture Allotment Committee of Board of Directors of GMR Infrastructure Ltd has allotted 3500 Secured Non-Convertible Debentures of face value of Rs. 10,00,000 each, aggregating to Rs. 350 Crore to ICICI Bank Limited on April 11, 2012.

The GMR Infrastructure Ltd stock was trading at Rs.29.40, up by Rs.0.45 or 1.55%. The stock hit an intraday high of Rs.29.95 and low of Rs.29.15.

The total traded quantity was 1.95 lakhs compared to 2 week average of 7.13 lakhs.

Source : Equity Bulls

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