Indosolar Ltd allots 22985973 shares

Pursuant to Shareholders approval in annual general meeting on September 30, 2014, in terms of in-principle approval granted on October 10, 2014, the Board of Directors of Indosolar Ltd in their meeting held on October 13, 2014 has allotted 2,29,85,973 equity shares at a price of Rs. 10 each fully paid on preferential basis.

Shares of INDOSOLAR LTD. was last trading in BSE at Rs.6.27 as compared to the previous close of Rs. 5.84. The total number of shares traded during the day was 145782 in over 376 trades.

The stock hit an intraday high of Rs. 6.3 and intraday low of 5.65. The net turnover during the day was Rs. 858474.

Source : Equity Bulls

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