Peacock Industries approves issue of 25 lakh warrants

The Board of Directors of Peacock Industries Ltd at its meeting held on November 30, 2013, has decided to make preferential allotment of 25,00,000 warrants convertible into equity shares at Rs. 4/- per warrant to Investors and 1,12,50,000 warrants convertible into equity shares at Rs. 4/- per warrant to promoters subject to all approvals, consents, sanctions etc.

Shares of Peacock Industries Ltd was last trading BSE at Rs.4.10, up by Rs.0.08 or 1.99%. The stock hit an intraday high of Rs.4.10 and intraday low of Rs.4.02.

The total traded quantity was 0.16 lakh shares as compared to 2 week average of 0.10 lakh shares.

Source : Equity Bulls

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