Control Print Ltd to consider financial results, preferential issue

A meeting of the Board of Directors of Control Print Ltd will be held on November 07, 2013, inter alia to consider, discuss and approve the Un-audited Financial Results for the Second Quarter and half year ended on September 30, 2013 and also consider issuance of Share Warrants Convertible into Equity Shares of the Company to the Promoters and/or the Promoter group on preferential basis. Consequential to this approval, the Board will consider and approve the Notice for Passing of Resolution by Postal Ballot under Section 192A of the Companies Act 1956, for seeking necessary approval of the Members as required under Section 81(1A) of the Companies Act, 1956 for issuance of Share Warrants Convertible into Equity Shares to the Promoters and/or Promoter Group on Preferential basis.

Shares of Control Print Ltd was last trading in BSE at Rs.53, down by Rs.1.35 or 2.48%. The stock hit an intraday high of Rs.53.95 and low of Rs.51.95.

The total traded quantity was 1153 as compared to 2 week average of 671.

Source : Equity Bulls

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