Autolite (India) Ltd to consider conversion of warrants

A meeting of the Board of Directors of Autolite (India) Ltd will be held on March 17, 2015, to consider conversion, into equity shares out, of warrants which were allotted to promoters and their associates on October 16, 2013 and the issue of which was approved by the shareholders at 36th Annual General Meeting of the Company held on September 14, 2013.

Shares of AUTOLITE (INDIA) LTD. was last trading in BSE at Rs.33.65 as compared to the previous close of Rs. 33.95. The total number of shares traded during the day was 1255 in over 38 trades.

The stock hit an intraday high of Rs. 33.75 and intraday low of 31.55. The net turnover during the day was Rs. 40345.

Source : Equity Bulls

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