Stock Report

Speciality Papers appoints Firstcall India as advisors for acquisition



Posted On : 2007-04-23 01:48:01( TIMEZONE : IST )

Speciality Papers appoints Firstcall India as advisors for acquisition

Speciality Papers Ltd has announced that the Board of Directors of the Company at its meeting held on April 20, 2007, inter alia, for considering the following:

1. Appointed M/s. Firstcall India Equity Advisors Pvt Ltd., Mumbai as the Strategic M&A and Financial Advisors.

2. The Company handed over the task of identifying suitable acquisitions to M/s. Firstcall India Equity Advisors Pvt Ltd., Mumbai.

The stock was trading at Rs.33.60, up by Re.0.10 or 0.30%. The stock hit an intraday high of Rs.33.60 and low of Rs.31. The total traded quantity was 3050 shares compared to 2 week average of 11344.

Source : Equity Bulls

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