Salzer Electronics Ltd approves raising of funds

A meeting of the Board of Directors of Salzer Electronics Ltd will be held on April 01, 2015, to consider the proposal of raising funds by means of issue of equity shares and other eligible securities to the qualified Institutional buyers, Strategic Investors, Promoters and Promoter Groups on private placement basis.

Shares of SALZER ELECTRONICS LTD. was last trading in BSE at Rs.229 as compared to the previous close of Rs. 223.3. The total number of shares traded during the day was 8331 in over 259 trades.

The stock hit an intraday high of Rs. 238.1 and intraday low of 226.5. The net turnover during the day was Rs. 1945966.

Source : Equity Bulls

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