Mirc Electronics Ltd approves issue of 3.25 crore warrants

The Board of Directors of Mirc Electronics Ltd at its meeting held on April 24, 2015, have considered and approved issuance upto 3,25,00,000 Warrants (exercisable into equity shares) on Preferential basis to Persons other than Promoters and Promoter Group at a price as may be arrived as per SEBI (Issue of Capital and Disclosure Requirements) Regulation 2009, as amended and the same is subject to approval of the shareholders.

Shares of MIRC ELECTRONICS LTD. was last trading in BSE at Rs.9.92 as compared to the previous close of Rs. 10.3. The total number of shares traded during the day was 37437 in over 219 trades.

The stock hit an intraday high of Rs. 10.3 and intraday low of 9.7. The net turnover during the day was Rs. 374226.

Source : Equity Bulls

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