TANFAC Industries Ltd to consider issue of NCRCPS

A meeting of the Board of Directors of TANFAC Industries Ltd will be held on February 03, 2015, to consider, the proposal of issue of Non-Convertible Redeemable Cumulative Preference Shares face value of Rs. 100/- each for cash AT PAR to the Promoter(s) / Promoter(s) group entities on private placement basis subject to the approval of the Shareholders and such other statutory requirements.

Shares of TANFAC INDUSTRIES LTD. was last trading in BSE at Rs.17.5 as compared to the previous close of Rs. 16.63. The total number of shares traded during the day was 7914 in over 96 trades.

The stock hit an intraday high of Rs. 17.5 and intraday low of 15.22. The net turnover during the day was Rs. 135518.

Source : Equity Bulls

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