Assambrook Ltd has announced that the Board of Directors of the Company at its meeting held on March 30, 2007, has issued and allotted 2,25,000 Equity Shares of Rs 10/- each of the Company at a price of Rs 28/- per equity share to the warrant holders upon exercise of rights to convert warrant into shares.
Shares of the company closed the day at Rs.15.65, down by Re.0.85 or 5.15%. The total traded quantity was 7396 compared to 2 week average of 3559 shares.