Cholamandalam Investment and Finance Company Ltd to consider preferential issue

A meeting of the Board of Directors of Cholamandalam Investment and Finance Company Ltd will be held on July 26, 2014, for considering raising of Capital by way of a preferential issue of eligible securities under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

Shares of Cholamandalam Investment and Finance Company Ltd was last trading in BSE at Rs.412 as compared to the previous close of Rs. 421.15. The total number of shares traded during the day was 3758 in over 391 trades.

The stock hit an intraday high of Rs. 433.7 and intraday low of 400. The net turnover during the day was Rs. 1541074.

Source : Equity Bulls

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