Dhanuka Agritech Ltd approves allotment of 36492240 shares

The Board of Directors of Dhanuka Agritech Ltd at its meeting held on December 02, 2015, has considered and approved the allotment of 3,64,92,240 (Three Crores Sixty Four Lakhs Ninety Two Thousand Two Hundred and Forty) Equity Shares of Rs. 2/- each to the respective Shareholders of Transferor Companies pursuant to the provisions of the Comprehensive Scheme of Amalgamation of A.M. Bros. Fintrade Private Limited & Dhanuka Finvest Private Limited with Dhanuka Agritech Limited, as approved bv the Hon'ble High court of Delhi and same number of Equity shares will be extinguished as crossholding.

Shares of DHANUKA AGRITECH LTD. was last trading in BSE at Rs.477 as compared to the previous close of Rs. 484.4. The total number of shares traded during the day was 485 in over 45 trades.

The stock hit an intraday high of Rs. 483.25 and intraday low of 465.15. The net turnover during the day was Rs. 230729.

Source : Equity Bulls

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