Dhanada Corporation Ltd to consider preferential issue on June 12, 2015

A meeting of the Board of Directors of Dhanada Corporation Ltd will be held on June 12, 2015, to consider issue of Equity shares to Dhanada Holdings Private Limited, Promoter Company, on preferential basis, against the unsecured loan taken from them, subject to the applicable provisions of the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Listing Agreement.

The Board will consider issue of Equity shares to some selected persons belonging to Non - promoter Category, on preferential basis, subject to the applicable provisions of the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Listing Agreement.

Shares of DHANADA CORPORATION LTD. was last trading in BSE at Rs.4.86 as compared to the previous close of Rs. 5.09. The total number of shares traded during the day was 100 in over 1 trades.

The stock hit an intraday high of Rs. 4.86 and intraday low of 4.86. The net turnover during the day was Rs. 486.

Source : Equity Bulls

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