Lakshmi Overseas Industries Ltd calls for Board Meeting on March 16, 2016

A meeting of the Board of Directors of Lakshmi Overseas Industries Ltd will be held on March 16, 2016, for considering, issuance / allotment of 1,10,00,000 (One Crore Ten Lacs) convertible warrants, on preferential basis to the persons / entities belonging to the Promoters / Promoters' Group category, at an exercise price of Rs. 17.50 per underlying equity share of the face value of Rs.2 each, in terms of the in-principle approvals given by BSE and NSE.

Shares of LAKSHMI OVERSEAS INDUSTRIES LTD. was last trading in BSE at Rs.14.99 as compared to the previous close of Rs. 15.13. The total number of shares traded during the day was 5849 in over 32 trades.

The stock hit an intraday high of Rs. 15.3 and intraday low of 14.65. The net turnover during the day was Rs. 87697.

Source : Equity Bulls

Keywords