Parsoli Corporation Board approves interim dividend of 10%

Parsoli Corporation Ltd has announced that the Board of Directors of the Company at its meeting held on April 20, 2007, inter alia, has decided the following:
1. Approved the payment of Interim Dividend @ 10% (Rupees 1/- per share).

2. Board has made the allotment of Convertible Debentures to

(a) M/s. Baader Wertpapierhandelsbank A.G
(b) M/s. Oman Commercial Services LLC

3. Approved the shifting of Registered Office from 121/122, 2nd Floor, Ashoka Complex, L T Marg, Mumbai to Amba Sadan, 402-403, 4th Floor, Linking Road, Khar (West), Mumbai w.e.f. May 01, 2007.

The stock was trading at Rs.27.60, down by Re.0.95 or 3.33%. The stock hit an intraday high of Rs.29.40 and low of Rs.27.15. The total traded quantity was 3930 shares compared to 2 week average of 2966.

Source : Equity Bulls

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