Shilpa Medicare to consider preferential issue on April 11, 2014

A meeting of the Board of Directors of Shilpa Medicare Ltd will be held on April 11, 2014 to consider the proposal for offer and issue of Equity Shares or Warrants or convertible instruments on preferential basis in accordance with provisions of the regulations of Chapter VII of the SEBI [ICDR] Regulations, 2009, Section 42 of the Companies Act, 2013 and Rule 14 of the Companies [Prospectus and Allotment of Securities] Rules, 2014.

Shares of SHILPA MEDICARE LTD. was last trading in BSE at Rs.416 as compared to the previous close of Rs. 413.1. The total number of shares traded during the day was 3970 in over 373 trades.

The stock hit an intraday high of Rs. 427 and intraday low of 413. The net turnover during the day was Rs. 1651886.

Source : Equity Bulls

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