Sterling Holiday Resorts India Ltd allots 2,06,50,000 shares to Thomas Cook India arm

Pursuant to the special resolution passed by the Shareholders of Sterling Holiday Resorts India Ltd through Postal ballot dated March 12, 2014, the Board of Directors at their Board meeting held on March 14, 2014 has allotted 2,06,50,000 equity shares of Rs. 10/- each fully paid up to Thomas Cook Insurance Services (India) Limited - (TCISIL) on Preferential basis in accordance with Section 81(1A) of the Companies Act, 1956.

Shares of STERLING HOLIDAY RESORTS (INDIA) LTD. was last trading in BSE at Rs.92.3 as compared to the previous close of Rs. 92.35. The total number of shares traded during the day was 64767 in over 248 trades.

The stock hit an intraday high of Rs. 93 and intraday low of 92. The net turnover during the day was Rs. 5987539.

Source : Equity Bulls

Keywords