Tirupati Industries India Ltd approves conversion of 550000 warrants

The Board of Directors of Tirupati Industries India Ltd at its meeting held on February 14, 2015, has approved the conversion of 5,50,000 warrants into equity shares of face value of Rs. 10/- each at an issue price of Rs. 11/- per share to the allottees subject to the necessary approvals from the Stock Exchange and the concerned authorities.

Shares of TIRUPATI INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs.57 as compared to the previous close of Rs. 56.9. The total number of shares traded during the day was 16325 in over 88 trades.

The stock hit an intraday high of Rs. 59.65 and intraday low of 54.65. The net turnover during the day was Rs. 936427.

Source : Equity Bulls

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