FCS Software Solutions approve allotment of 40 crore shares

The Board of Directors of FCS Software Solutions Ltd at its meeting held on February 26, 2014, has approved the allotment of 40,00,00,000 (Forty Crores) Equity Shares of Re. 1/- each ranking pari-passu in lieu of 40,00,00,000 (Forty Crores) Convertible Warrants allotted on Preferential Basis to the Promoter and non-promoter group. The said allotment has been done in compliance with Chapter VII of SEBI (ICDR) Regulations, 2009.

Shares of FCS SOFTWARE SOLUTIONS LTD. was last trading in BSE at Rs.0.4 as compared to the previous close of Rs. 0.39. The total number of shares traded during the day was 72056 in over 10 trades.

The stock hit an intraday high of Rs. 0.4 and intraday low of 0.4. The net turnover during the day was Rs. 28822.

Source : Equity Bulls

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