Southern Online Bio Technologies to consider preferential issue

A meeting of the Board of Directors of Southern Online Bio Technologies Ltd will be held on March 27, 2014, to consider and discuss about the Preferential Issue of Shares / Securities pursuant to provision 81(1)a of the Companies Act 1956.

The Board will consider and fix the date, time for the Postal Ballot and appointment of Scrutinizer for Postal Ballot.

Shares of SOUTHERN ONLINE BIO TECHNOLOGIES LTD. was last trading in BSE at Rs.4.45 as compared to the previous close of Rs. 4.45. The total number of shares traded during the day was 5235 in over 41 trades.

The stock hit an intraday high of Rs. 4.78 and intraday low of 4.43. The net turnover during the day was Rs. 24503.

Source : Equity Bulls

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