Electrosteel Steels Ltd calls for Board Meeting on August 13, 2014

A meeting of the Board of Directors of Electrosteel Steels Ltd will be held on August 13, 2014, to take on record the unaudited financial results of the Company for the quarter ended June 30, 2014 & also consider allotment of 22,25,00,000 Equity shares at Rs. 10 each aggregating to Rs. 222.50 Crores to the Promoter Company, Electrosteel Castings Ltd.

The trading Window of the Company, in terms of SEBI (Prohibition of Insider Trading) Regulations 1992, shall remain closed from August 06, 2014 to August 15, 2014 (both days inclusive), in view of Board Meeting scheduled for August 13, 2014.

Shares of ELECTROSTEEL STEELS LTD. was last trading in BSE at Rs.6 as compared to the previous close of Rs. 6.11. The total number of shares traded during the day was 343730 in over 413 trades.

The stock hit an intraday high of Rs. 6.2 and intraday low of 5.81. The net turnover during the day was Rs. 2038235.

Source : Equity Bulls

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