Gujarat Craft Industries allots 780000 shares

The Board of Directors of Gujarat Craft Industries Ltd at its meeting held on April 28, 2014 has allotted 7,80,000 Equity Shares of Rs. 10/- each @ premium of Rs. 17/- per Equity Share to Promoters and Promoters Group on Preferential basis upon conversion of 7,80,000 Equity Warrants of Rs. 10/- each @ premium of Rs. 17/- per Warrant.

Shares of GUJARAT CRAFT INDUSTRIES LTD. was last trading in BSE at Rs.10.97 as compared to the previous close of Rs. 10.45. The total number of shares traded during the day was 201 in over 4 trades.

The stock hit an intraday high of Rs. 10.97 and intraday low of 10. The net turnover during the day was Rs. 2010.

Source : Equity Bulls

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