Shekhawati Poly Yarn Ltd to consider preferential issue upto Rs. 56 crores

A meeting of the Board of Directors of Shekhawati Poly Yarn Ltd will be held on October 17, 2014, to consider the increase in Authorized Share Capital of the Company.

The Board will also consider the raising of Capital by way of a preferential issue upto Rs. 56 Crores under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

Shares of SHEKHAWATI POLY-YARN LTD. was last trading in BSE at Rs.1.7 as compared to the previous close of Rs. 1.79. The total number of shares traded during the day was 27033 in over 39 trades.

The stock hit an intraday high of Rs. 1.84 and intraday low of 1.56. The net turnover during the day was Rs. 43482.

Source : Equity Bulls

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