Emami Paper Mills to consider issue of preference shares

A meeting of the Preference Share Committee of the Board of Emami Paper Mills Ltd will be held August 01, 2014 to consider the Applications for issue of 8% cumulative Redeemable Non-Convertible Preference Shares of Rs. 100/- each at a premium of Rs. 300/- to the Promoters on Preferential basis.

The Board will also consider the allotment of Preference Shares to the Promoters on Preferential basis.

Shares of EMAMI PAPER MILLS LTD. was last trading in BSE at Rs.39.95 as compared to the previous close of Rs. 39.9. The total number of shares traded during the day was 270 in over 10 trades.

The stock hit an intraday high of Rs. 40.6 and intraday low of 38.05. The net turnover during the day was Rs. 10818.

Source : Equity Bulls

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