CMI Ltd to convene EGM on July 23, 2015

The Board of Directors of CMI Ltd at its meeting held on June 27, 2015, has decided, to convene Extra Ordinary General Meeting on July 23, 2015 at 11:00 AM at Lajwaab Banquet Hall, Vikas Marg, Delhi - 110092, to take shareholder's approval to Issue upto maximum of 21,41,500 Equity Shares having face value of Rs 10/- each, on preferential basis, to Non promoters and upto maximum of 7,00,000 Warrants convertible into equal number of equity shares having face value of Rs 10 /- each to the promoters. The relevant date on which price is to be calculated shall be determined in accordance with Chapter VII of the SEBI (ICDR) Regulations.

Shares of CMI LTD. was last trading in BSE at Rs.109.9 as compared to the previous close of Rs. 108.95. The total number of shares traded during the day was 4782 in over 132 trades.

The stock hit an intraday high of Rs. 112 and intraday low of 106.5. The net turnover during the day was Rs. 521418.

Source : Equity Bulls

Keywords