Expo Gas Containers allots 67,50,000 shares

The Board of Directors of Expo Gas Containers Ltd at its meeting held on February 22, 2014, has considered the preferential allotment of 67,50,000 Equity Shares of Rs. 4/- each on conversion of warrants to the Promoters and Promoter group.

The Board on receipt of the full subscription money, hereby allots 67,50,000 equity shares of face value of Rs. 4/- each as fully paid up shares to the allottees.

Shares of EXPO GAS CONTAINERS LTD. was last trading in BSE at Rs.5 as compared to the previous close of Rs. 4.86. The total number of shares traded during the day was 100 in over 3 trades.

The stock hit an intraday high of Rs. 5.01 and intraday low of 5. The net turnover during the day was Rs. 500.

Source : Equity Bulls

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