Sat Industries Ltd allots 18000000 warrants

The Board of Directors of Sat Industries Ltd at its meeting held on December 09, 2015 has allotted 1,80,00,000 number of warrants convertible in to equity shares at a consideration of Rs. 7.00 per warrant in accordance with the Chapter Vll of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended to promoter and Non Promoters.

Shares of SAT INDUSTRIES LTD. was last trading in BSE at Rs.7.74 as compared to the previous close of Rs. 7.36. The total number of shares traded during the day was 1145 in over 3 trades.

The stock hit an intraday high of Rs. 7.75 and intraday low of 7.73. The net turnover during the day was Rs. 8865.

Source : Equity Bulls

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