Store One Retail India Ltd allots 44 lakh Equity Shares pursuant to conversion of Warrants

On April 28, 2014, Store One Retail India Limited. ("the Company"), has issued and allotted 44,00,000 (Forty Four Lac) Equity shares of face value Rs. 10/- each, upon conversion of equivalent number of warrants.

Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased from Rs. 23,20,00,000/- divided into 2,32,00,000 Equity Shares of face value Rs. 10/- each to Rs. 27,60,00,000/- divided into 2,76,00,000 Equity Shares of face value Rs. 10/- each.

Shares of Store One Retail India Limited was last trading in BSE at Rs.32.5 as compared to the previous close of Rs. 32.5. The total number of shares traded during the day was 62198 in over 954 trades.

The stock hit an intraday high of Rs. 34.75 and intraday low of 32.1. The net turnover during the day was Rs. 2062271.

Source : Equity Bulls

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