Cigniti Technologies to allot 1789292 shares

The Board of Directors of Cigniti Technologies Ltd at its meeting held on December 09, 2014, approved the allotment of 17,89,292 equity shares to promoters and others on preferential basis at an issue price of Rs. 356/- per share.

The meeting of Board of Directors has been adjourned to December 10, 2014 to consider the allotment of balance equity shares i.e. 25,35,708 equity shares.

Shares of CIGNITI TECHNOLOGIES LTD. was last trading in BSE at Rs.466 as compared to the previous close of Rs. 458.95. The total number of shares traded during the day was 6955 in over 249 trades.

The stock hit an intraday high of Rs. 468.9 and intraday low of 460. The net turnover during the day was Rs. 3236186.

Source : Equity Bulls

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