Unity Infraprojects Ltd allots 8356176 shares at Rs. 27.52

The Board of Directors of Unity Infraprojects Ltd at its meeting held on September 30, 2015, has considered, issued & allotted 83,56,176 equity shares of Rs. 2/- each at a price of Rs. 27.52/- per share to CDR lenders on preferential basis on Conversion of interest on FITL as per CDR Scheme.

The Board also considered and approved to make reference to Reserve Bank of India under Structural Debt Restructuring.

Shares of UNITY INFRAPROJECTS LTD. was last trading in BSE at Rs.12.59 as compared to the previous close of Rs. 12. The total number of shares traded during the day was 60667 in over 355 trades.

The stock hit an intraday high of Rs. 12.89 and intraday low of 12.06. The net turnover during the day was Rs. 753844.

Source : Equity Bulls

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