Asian Tea & Exports Ltd calls for Board Meeting on Dec 02, 2014

A meeting of the Board of Directors of Asian Tea & Exports Ltd will be held on December 02, 2014, to consider fund raising through various means like issue of Equity Shares / Warrants of the Company on preferential / private placement basis in order to meet its long term working capital requirement, general Business purpose and also to fulfill the ongoing and future business commitments / plans of the Company.

The Board will fix Calendar of events w.r.t postal ballot/e-voting compliance for obtaining the consent of shareholders for Preferential issue of shares/warrants.

Shares of ASIAN TEA & EXPORTS LTD. was last trading in BSE at Rs.15 as compared to the previous close of Rs. 14.8. The total number of shares traded during the day was 748 in over 46 trades.

The stock hit an intraday high of Rs. 16 and intraday low of 13.8. The net turnover during the day was Rs. 10674.

Source : Equity Bulls

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