Bheema Cements allots 23776 shares, 43527 CRPS as per CDR package

The Shares Allotment Committee Meeting of Bheema Cements Ltd held on September 05, 2012 has allotted 23,776 (Twenty Three Thousand Seven Hundred and Seventy Six only) Equity Shares of Rs. 10/- each at a premium of Rs. 78/- each to Banks against Funding of Interest on Term Loan as per CDR Package.

The Committee also allotted 43,527 (Forty Three Thousand Five Hundred and Twenty Seven only) 0% Cumulative Redeemable Preference Shares of Rs. 100/- each at par to Banks against Funding of Interest on Term Loan as per CDR Package.

The Bheema Cements Ltd stock was trading at Rs.10.88, down by Rs.0.11 or 1%. The stock hit an intraday high of Rs.10.88 and low of Rs.10.45.

The total traded quantity was 2311 compared to 2 week average of 32272.

Source : Equity Bulls

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