Bharat Bhushan Share & Commodity Brokers Ltd Board approves Rights Issue

The Board of Directors of Bharat Bhushan Share & Commodity Brokers Ltd has approved the Right Issue of the Company at its Meeting held on July 30, 2015 to allot equity Shares to its existing Shareholders.

The Board of Directors of the Company have approved to offer shares on the right basis to the existing shareholders on the formula of One Right share for every 2 Equity Shares fully paid up held by the equity shareholders i.e. in the ratio of 1:2.

Shares of BHARAT BHUSHAN SHARE & COMMODITY BROKERS LTD. was last trading in BSE at Rs.10.7 as compared to the previous close of Rs. 10.23. The total number of shares traded during the day was 1205 in over 6 trades.

The stock hit an intraday high of Rs. 10.7 and intraday low of 10.25. The net turnover during the day was Rs. 12707.

Source : Equity Bulls

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