Shilpi Cable Technologies Ltd to consider preferential allotment on March 09, 2015

A meeting of the Board of Directors of Shilpi Cable Technologies Ltd will be held on March 09, 2015, to consider and approve the preferential allotment of 40,00,000 Convertible warrants to M/s. Shilpi Cables Pvt. Ltd., a promoter group Company at a price of Rs. 65 each.

Shares of SHILPI CABLE TECHNOLOGIES LTD. was last trading in BSE at Rs.42.1 as compared to the previous close of Rs. 41.85. The total number of shares traded during the day was 9894 in over 209 trades.

The stock hit an intraday high of Rs. 43.3 and intraday low of 41.5. The net turnover during the day was Rs. 418916.

Source : Equity Bulls

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