Gujarat Borosil Ltd approves variation in right of Preference shareholder

Gujarat Borosil Ltd has obtained approval of the shareholders through Postal Ballot on August 26, 2015, for variation in terms & conditions of 90,00,000 9% Cumulative Non-Convertible Redeemable Preference Shares of Rs. 100/- each of the Company (Unlisted) from Cumulative to Non-cumulative, while all other terms and conditions remaining the same.

Shares of GUJARAT BOROSIL LTD. was last trading in BSE at Rs.29.7 as compared to the previous close of Rs. 30.7. The total number of shares traded during the day was 34850 in over 182 trades.

The stock hit an intraday high of Rs. 31.8 and intraday low of 28.8. The net turnover during the day was Rs. 1057817.

Source : Equity Bulls

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