CMI Ltd to consider preferential issue

A meeting of the Board of Directors of CMI Ltd will be held on September 10, 2014, to consider issue of equity shares/warrants/convertible securities on preferential basis to Promoter group, associates and non promoters and to decide the relevant date for the purpose of preferential issue.

Shares of CMI LTD. was last trading in BSE at Rs.61.8 as compared to the previous close of Rs. 61.35. The total number of shares traded during the day was 14496 in over 71 trades.

The stock hit an intraday high of Rs. 63.8 and intraday low of 60.1. The net turnover during the day was Rs. 894602.

Source : Equity Bulls

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