High Ground Enterprise Ltd approves allotment of shares, warrants

The Board of Directors of High Ground Enterprise Ltd at its meeting held on April 22, 2014, have approved the allotment of 31,01,262 equity shares and 18,27,136 warrants to be convertible into equity shares of Rs. 10/- each at a price of Rs. 90/- each on preferential basis to Promoters / Promoters Group / Person Acting in concern and Non-Promoters.

Shares of High Ground Enterprise Ltd was last trading in BSE at Rs.70 as compared to the previous close of Rs. 68.5. The total number of shares traded during the day was 11115 in over 246 trades.

The stock hit an intraday high of Rs. 71.9 and intraday low of 69. The net turnover during the day was Rs. 774235.

Source : Equity Bulls

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