Stake Sale

Industrial Investment Trust Ltd to consider allotment of shares on conversino of CCPS



Posted On : 2014-03-27 19:44:50( TIMEZONE : IST )

Industrial Investment Trust Ltd to consider allotment of shares on conversino of CCPS

A meeting of the Board of Directors of Industrial Investment Trust Ltd will be held on April 03, 2014, to consider allotment of 7,20,000 Equity Shares upon Conversion of 7,20,000, 10% Compulsorily Convertible Preference Shares issued to the Promoter group on preferential basis.

Under the Code of Conduct for Prevention of insider Trading, the Trading Window, (i.e. the Prohibited period) for dealing in the Company's securities shall remain closed from March 28, 2014 to April 04, 2014 till 5 p.m.

Shares of INDUSTRIAL INVESTMENT TRUST LTD. was last trading in BSE at Rs.54.5 as compared to the previous close of Rs. 52. The total number of shares traded during the day was 355 in over 9 trades.

The stock hit an intraday high of Rs. 54.5 and intraday low of 49.55. The net turnover during the day was Rs. 18787.

Source : Equity Bulls

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