Shasun Pharmaceuticals Ltd to consider conversion of warrants on June 08, 2015

A meeting of the Board of Directors of Shasun Pharmaceuticals Ltd will be held on June 08, 2015, to consider conversion of 71,00,000 convertible warrants into equity shares of the Company issued to M/s. Sequent Scientific Limited, Mumbai on preferential basis.

In view of the above the trading window for dealing in the equity shares will be closed for Directors and designated employees of the Company from June 02, 2015 to June 10, 2015 (both days inclusive).

Shares of SHASUN PHARMACEUTICALS LTD. was last trading in BSE at Rs.376.95 as compared to the previous close of Rs. 387.35. The total number of shares traded during the day was 40672 in over 1014 trades.

The stock hit an intraday high of Rs. 385.8 and intraday low of 375. The net turnover during the day was Rs. 15378506.

Source : Equity Bulls

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