Jindal Photo allots 4.74 crore NCPS

The Board of Directors of Jindal Photo Ltd at its meeting held on March 28, 2014, issued and allotted 4,74,00,000 zero percent redeemable Non-convertible Preference Shares of Rs. 10/- each aggregating to Rs. 47,40,00,000/- in lieu of conversion of outstanding unsecured loan and dues thereon given by promoter group companies.

Shares of JINDAL PHOTO LTD. was last trading in BSE at Rs.115 as compared to the previous close of Rs. 114.6. The total number of shares traded during the day was 1715 in over 51 trades.

The stock hit an intraday high of Rs. 116.95 and intraday low of 113.6. The net turnover during the day was Rs. 195945.

Source : Equity Bulls

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