Shiv-Vani Oil & Gas Exploration Services Ltd allots 5083046 shares

The Board of Directors of Shiv-Vani Oil & Gas Exploration Services Ltd at its meeting held on April 30, 2015, has approved the allotment of 50,83,046 Equity Shares of Rs 10/- each at a premium of Rs. 5.955/- per Share on Preferential basis to lenders (ICICI Bank Ltd.) by way of Conversion of FITL of Rs. 8.11 Crore.

Shares of SHIV-VANI OIL & GAS EXPLORATION SERVICES LTD. was last trading in BSE at Rs.9.1 as compared to the previous close of Rs. 9. The total number of shares traded during the day was 4602 in over 33 trades.

The stock hit an intraday high of Rs. 10.2 and intraday low of 8.5. The net turnover during the day was Rs. 41461.

Source : Equity Bulls

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