Krebs Biochemicals & Industries Ltd to consider allotment of shares to IPCA Labs

A meeting of the Board of Directors of Krebs Biochemicals & Industries Ltd will be held on May 09, 2015, to consider the allotment of equity shares on preferential basis to IPCA Laboratories Limited (2,300,000 Equity Shares) and Pinky Ventures Private Limited (600,000 Equity Shares).

The Board will consider a communication to the members of the Company.

Shares of KREBS BIOCHEMICALS & INDUSTRIES LTD. was last trading in BSE at Rs.111.4 as compared to the previous close of Rs. 106.1. The total number of shares traded during the day was 33379 in over 158 trades.

The stock hit an intraday high of Rs. 111.4 and intraday low of 108.1. The net turnover during the day was Rs. 3712850.

Source : Equity Bulls

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