JBF Industries redeems CRPS, allots new CRPS

In the meeting of Committee of Board of Directors of JBF Industries Ltd for Cumulative Redeemable Preference Shares held on March 26, 2014, the Committee has redeemed 11320000 - 2.5% - Cumulative Redeemable Preference Shares and allotted new 1415000 - 20% Cumulative Redeemable Preference Shares of Rs. 100 each at a premium of Rs. 700 per Cumulative Redeemable Preference Shares, in favour of Bank of India.

Shares of JBF INDUSTRIES LTD. was last trading in BSE at Rs.82.5 as compared to the previous close of Rs. 79.3. The total number of shares traded during the day was 21485 in over 499 trades.

The stock hit an intraday high of Rs. 83.5 and intraday low of 79.25. The net turnover during the day was Rs. 1747674.

Source : Equity Bulls

Keywords