Cigniti Technologies to allot shares on preferential basis

The Board of Directors of Cigniti Technologies Ltd at its meeting held on November 28, 2013, has allotted 7,54,211 equity shares on preferential basis to the shareholders of M/s Gallop Solutions Inc, USA, consequent upon receipt of FIPB approval dated November 19, 2013.

Shares of Cigniti Technologies Ltd was last trading in BSE at Rs.187.60, up by Rs.1.05 or 0.56%. The stock hit an intraday high of Rs.190 and low of Rs.186.

The total traded quantity was 0.13 lakhs as compared to 2 week average of 0.23 lakhs.

Source : Equity Bulls

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