Man Industries issues FCCBs

Man Industries India Ltd has announced that the Company has issued five year and one day Zero Coupon Foreign Currency Convertible Bonds (the "Bonds") aggregating to USD 50,000,000 on May 22, 2007. The Bonds have been allotted to the international investors.

The stock closed the day at Rs.217.15, down by Rs.0.80 or 0.37%. The stock hit an intraday high of Rs.223.40 and low of Rs.214.90. The total traded quantity was 25191 compared to 2 week average of 216101.

Source : Equity Bulls

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