Lactose India Ltd to consider issue of equity shares on preferential basis

A meeting of the Board of Directors of Lactose India Ltd will be held on April 11, 2014, for considering and approving borrowing powers as per section 180 C of the Companies Act, 2013.

The Board will consider and approve power to mortgage, hypothecate, Lease or otherwise Company's immovable properties for the loan / financial assistance from banks and financial institutions.

The Board will also consider issue of equity shares on a preferential basis.

Shares of LACTOSE (INDIA) LTD. was last trading in BSE at Rs.9.63 as compared to the previous close of Rs. 9.18. The total number of shares traded during the day was 321 in over 4 trades.

The stock hit an intraday high of Rs. 9.63 and intraday low of 9.63. The net turnover during the day was Rs. 3091.

Source : Equity Bulls

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