Bodal Chemicals allots 3000000 NCRPS

The Board of Directors of Bodal Chemicals Ltd at its meeting held on March 31, 2014, has allotted 3000000, 9% Non Cumulative Redeemable Preference Shares (Non Convertible) at face value of Rs. 10/- each, aggregating Rs. 3,00,00,000/-, to Non-Promoters, as per the requirement of approved Corporate Debt Restructuring (CDR) package.

Shares of BODAL CHEMICALS LTD. was last trading in BSE at Rs.18.8 as compared to the previous close of Rs. 18.55. The total number of shares traded during the day was 103543 in over 470 trades.

The stock hit an intraday high of Rs. 20 and intraday low of 18.7. The net turnover during the day was Rs. 1990491.

Source : Equity Bulls

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