Brahmaputra Infrastructure Ltd approves allotment of CRPS

The Board of Directors of Brahmaputra Infrastructure Ltd at its meeting held on the March 26, 2015. considered and approved, allotment of 0.01% Cumulative Redeemable Preference Shares ("CRPS"), of an aggregate value not exceeding Rs. 13.88 Crore by Conversion of loan into CRPS at par, on a private placement basis, to M/s. M.L.Singhi and Associates Private Limited and M/s. Brahmaputra Finlease Private Limited.

Shares of BRAHMAPUTRA INFRASTRUCTURE LTD. was last trading in BSE at Rs.23.8 as compared to the previous close of Rs. 23.9. The total number of shares traded during the day was 2662 in over 52 trades.

The stock hit an intraday high of Rs. 24.75 and intraday low of 23.8. The net turnover during the day was Rs. 63816.

Source : Equity Bulls

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