Elpro International Ltd allots 4000000 CRPS

The Board of Directors of Elpro International Ltd at its meeting held on March 28, 2013, have allotted 4000000 12% cumulative redeemable preference shares of face value Rs. 10/- at a premium of Rs. 190/- per shares to the promoters entities l.G.E (India) Private Limited - 2500000 shares and International Conveyors Limited - 1500000 shares.

Shares of Elpro International Ltd last traded in BSE at Rs.319.05, down by Rs.8.35 or 2.55%. The stock hit an intraday high of Rs.342 and low of Rs.316.15.

The total traded quantity was 5411 compared to 2 week average of 8123.

Source : Equity Bulls

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