Shiv Vani Oil allots shares at Rs.375 on preferential basis

Shiv Vani Oil & Gas Exploration Services Ltd has announced that the Board of Directors of the Company at its meeting held on August 14, 2007, has allotted 27,33,330 Equity Shares of Rs 10/- each at a premium of Rs 365/- per share to the following allottees as per details given below:

1. CVCIGP II Client Rosehill Ltd : 17,42,837 No of Shares

2. CVCIGP II Employee Rosehill Ltd : 9,76,097 No of Shares

3. CVCIGP II Ajay Relan Trust : 13,333 No of Shares

4. CVCIGP II Jayanta Kumar Basu Trust : 533 No of Shares

5. CVCIGP II Vivek Chachhi Trust : 530 No of Shares.

The stock closed the day at Rs.326.55, up by Rs.1.30 or 0.40%. The total traded quantity was 10590 compared to 2 week average of 20867. The stock hit an intraday high of Rs.331.75 and low of Rs.321.80.

Source : Equity Bulls

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