Amtek India allots shares on conversion of FCCBs at Rs.120.12

Amtek India Ltd has announced that the Allotment Committee of the Board of Directors of the Company at its meeting held on May 30, 2007, has allotted 255,935 equity shares at Rs 120.12/- per shares upon the conversion of FCCBs of US$ 0.70 million.

The stock closed the day at Rs.155.15, up by Rs.0.90 or 0.58%. The total traded quantity was 110970 compared to 2 week average of 29560. The stock hit an intraday high of Rs.158.90 and low of Rs.155.

Source : Equity Bulls

Keywords