Wheels India announces schedule of proposed Rights Issue

The Board of Directors of Wheels India Ltd, by way of circular resolution dated February 18, 2014 have approved the schedule for the proposed rights issue of equity shares of the Company.

The Issue Opening Date has been fixed as Wednesday, February 26, 2014 and the Issue Closing Date is Wednesday, March 12, 2014. The Last date for request for Split Application Forms is Wednesday, March 05, 2014.

Shares of WHEELS INDIA LTD. was last trading in BSE at Rs.643.85 as compared to the previous close of Rs. 659.8. The total number of shares traded during the day was 4691 in over 751 trades.

The stock hit an intraday high of Rs. 664.1 and intraday low of 641. The net turnover during the day was Rs. 3051792.

Source : Equity Bulls

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