Control Print allots 10 lakh warrants

The Board of Directors of Control Print Ltd at its meeting held on January 27, 2014, has made allotment of 10,00,000 Warrants convertible into Equity shares of Rs. 10/- each at a premium of Rs. 43.23/- per share to the Promoters/Promoter Group of the Company on preferential basis as per the SEBI Guidelines for which Company has received approval of the shareholders through postal ballot followed by in-principal approval from the Stock Exchange.

Shares of Control Print Ltd was last trading in BSE at Rs.60.80, up by Rs.1.55 or 2.62%. The stock hit an intraday high of Rs.61.50 and intraday low of Rs.56.30.

The total traded quantity was 129 shares as compared to 2 week average of 382 shares.

Source : Equity Bulls

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