Shree Global Tradefin Ltd to issue 1.9 crore warrants

The Board of Directors of Shree Global Tradefin Ltd at its meeting held on July 03, 2014, have approved subject to the approval of members of the Company and appropriate authorities, the Board has decided to issue and allot 1,90,00,000 Convertible Warrants of Rs. 5/- each to Non Promoter on preferential allotment basis pursuant to Section 62 of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2009.

Shares of SHREE GLOBAL TRADEFIN LTD. was last trading in BSE at Rs.23.45 as compared to the previous close of Rs. 23.4. The total number of shares traded during the day was 1762 in over 20 trades.

The stock hit an intraday high of Rs. 23.5 and intraday low of 22.75. The net turnover during the day was Rs. 40188.

Source : Equity Bulls

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