Excel Industries to consider preferential issue to promoter group company

A meeting of the Board of Directors of Excel Industries Ltd will be held on February 13, 2014 to consider a proposal to approve preferential allotment of convertible warrants to a promoter group Company under the provisions of SEBI (ICDR) Regulations, 2009.

Shares of EXCEL INDUSTRIES LTD. was last trading in BSE at Rs.69.65 as compared to the previous close of Rs. 72.3. The total number of shares traded during the day was 7732 in over 735 trades.

The stock hit an intraday high of Rs. 72.45 and intraday low of 66. The net turnover during the day was Rs. 537917.

Source : Equity Bulls

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