Deep Industries to consider allotment of 2950000 shares

A meeting of the Board of Directors of Deep Industries Ltd will be held on April 22, 2014, to consider the allotment of 29,50,000 fully paid up Equity shares to Promoter / Promoter Group upon the conversion of 29,50,000 Convertible Warrants.

Shares of DEEP INDUSTRIES LTD. was last trading in BSE at Rs.47 as compared to the previous close of Rs. 48.9. The total number of shares traded during the day was 14194 in over 275 trades.

The stock hit an intraday high of Rs. 49.25 and intraday low of 46.6. The net turnover during the day was Rs. 685463.

Source : Equity Bulls

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