Kamat Hotels India Ltd allots 1629629 shares at Rs. 135

The Board of Directors of Kamat Hotels (India) Ltd at its meeting held on February 08, 2014, has allotted 16,29,629 equity shares of Rs. 10/- each @ of Rs. 135/- per share to the promoter group on preferential basis as per the Corporate Debt Restructuring (CDR) Scheme approved by the CDR Empowered Group in terms of CDR Scheme notified by Reserve Bank of India and as per provisions of Securities and Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2009.

Shares of Kamat Hotels (India) Ltd was last trading in BSE at Rs.59.90, down by Rs.0.10 or 0.17%. The stock hit an intraday high of Rs.59.95 and intraday low of Rs.57.05.

The total traded quantity was 11 shares as compared to 2 week average of 165 shares.

Source : Equity Bulls

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