Indiabulls Securities Ltd allots Equity Shares pursuant to conversion of Warrants

On May 02, 2014, Indiabulls Securities Ltd has issued and allotted 1,31,25,095 (One Crore Thirty One Lacs Twenty Five Thousand Ninety Five) Equity shares of face value Rs. 2/- 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. 49,05,14,830/- divided into 24,52,57,415 Equity of face value Rs. 2/- each to Rs. 51,67,65,020/- divided into 25,83,82,510 Equity of face value Rs. 2/- each.

Shares of INDIABULLS SECURITIES LTD. was last trading in BSE at Rs.22.6 as compared to the previous close of Rs. 22.65. The total number of shares traded during the day was 354106 in over 949 trades.

The stock hit an intraday high of Rs. 22.85 and intraday low of 22.45. The net turnover during the day was Rs. 8010366.

Source : Equity Bulls

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