Spanco Ltd allots 15,00,000 shares

The Board of Directors of Spanco Ltd at its meeting held on May 10, 2012, has issued and allotted 15,00,000 equity shares of Rs 10/- each to Mrs. Kavita Puri, Promoter of the Company upon conversion of even number of warrants issued on preferential basis.

The Spanco Ltd stock was trading at Rs.66.50, down by Rs.2 or 2.92%. The stock hit an intraday high of Rs.69.80 and low of Rs.66.50.

The total traded quantity was 2134 compared to 2 week average of 16761.

Source : Equity Bulls

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