Sharon Bio-Medicine Ltd approves allotment of 6651300 shares at Rs. 50

The Board of Directors of Sharon Bio-Medicine Ltd at its meeting held on June 10, 2015, has approved the allotment of 66,51,300 (Sixty Six Lacs Fifty One Thousand Three Hundred) equity shares of Rs. 2/- each at a premium of Rs. 48/- per share to the allottees, upon their exercise of option to convert the convertible warrants into equity shares.

Shares of SHARON BIO-MEDICINE LTD.-$ was last trading in BSE at Rs.15.2 as compared to the previous close of Rs. 13.85. The total number of shares traded during the day was 370106 in over 1265 trades.

The stock hit an intraday high of Rs. 15.2 and intraday low of 14.15. The net turnover during the day was Rs. 5554014.

Source : Equity Bulls

Keywords