Tricom Fruit Products Ltd to allot 20 lakh shares

The Board of Directors of Tricom Fruit Products Ltd at its meeting held on December 01, 2014, have approved Issue and Allotment of 20,00,000 Equity Shares of Rs. 10/- each on preferential basis, in accordance with Chapter VII of SEBI (ICDR) Regulation 2009, at a price being not lower than the minimum price calculated in accordance with Regulation 76 of SEBI (ICDR) Regulation 2009 Subject to the approval of Shareholders.

Shares of Tricom Fruit Products Limited was last trading in BSE at Rs.4.5 as compared to the previous close of Rs. 4.5. The total number of shares traded during the day was 500 in over 4 trades.

The stock hit an intraday high of Rs. 4.5 and intraday low of 4.5. The net turnover during the day was Rs. 2250.

Source : Equity Bulls

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