Cerebra Integrated Technologies Ltd to allot 36236280 shares

The Board of Directors of Cerebra Integrated Technologies Ltd at its meeting held on January 28, 2015, has proceeded to allot 36236280 Equity Shares of Rs 10/.. each at a premium of Rs. 0.50 each to Strategic Investors upon exercise of options by the FCCB holders valued up to 6 million USD upon conversion of FCCBs issued on December 19, 2014.

Shares of CEREBRA INTEGRATED TECHNOLOGIES LTD. was last trading in BSE at Rs.15.2 as compared to the previous close of Rs. 15. The total number of shares traded during the day was 113015 in over 693 trades.

The stock hit an intraday high of Rs. 15.45 and intraday low of 14.5. The net turnover during the day was Rs. 1697862.

Source : Equity Bulls

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