Prime Focus Ltd to allot 1580 debentures

The Board of Directors of Prime Focus Ltd at its meeting held on May 5, 2015, have approved the allotment of 1580 unlisted, unrated, redeemable Debentures of face value Rs. 1,00,000/- each not convertible into Equity Shares of the Company under Tranche - 1, aggregating to Rs. 15.80 crores (Rupees Fifteen Crores Eighty Lacs only), to certain pre-identified persons on a private placement basis.

Shares of PRIME FOCUS LTD. was last trading in BSE at Rs.39.95 as compared to the previous close of Rs. 36.85. The total number of shares traded during the day was 12980 in over 146 trades.

The stock hit an intraday high of Rs. 40.1 and intraday low of 37.5. The net turnover during the day was Rs. 509436.

Source : Equity Bulls

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