Stake Sale

iStreet Network Ltd allots 150000 Equity Shares and 10.75 lakh Warrants



Posted On : 2014-12-04 19:10:31( TIMEZONE : IST )

iStreet Network Ltd allots 150000 Equity Shares and 10.75 lakh Warrants

The Board of Directors of iStreet Network Ltd at its meeting held on December 04, 2014, has allotted 150,000 Equity Shares of Rs. 4 each at a price of Rs. 20 per share to Non-Promoters.

The Board also allotted 10,75,000 Equity Warrants (out of which 3,10,000 warrants to Promoters and balance to Non-Promoters) of Rs. 4 each at a price of Rs. 20 per warrants convertible into equal number of equity shares.

Shares of iStreet Network Limited was last trading in BSE at Rs.37.3 as compared to the previous close of Rs. 35.55. The total number of shares traded during the day was 5031 in over 61 trades.

The stock hit an intraday high of Rs. 37.3 and intraday low of 35.75. The net turnover during the day was Rs. 187501.

Source : Equity Bulls

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