Gujarat Craft Industries to consider conversion of 780000 warrants

A meeting of the Board of Directors of Gujarat Craft Industries Ltd will be held on April 28, 2014 for the conversion of 7,80,000 Equity Warrants into Equity Shares of Rs. 10/- each @ premium of Rs. 17/- per Equity Share to Promoters and Promoters Group on Preferential basis.

Shares of GUJARAT CRAFT INDUSTRIES LTD. was last trading in BSE at Rs.10.03 as compared to the previous close of Rs. 9.56. The total number of shares traded during the day was 100 in over 2 trades.

The stock hit an intraday high of Rs. 10.03 and intraday low of 10.03. The net turnover during the day was Rs. 1003.

Source : Equity Bulls

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