ACC allots 12083 shares against Conversion of FCCBs

ACC Ltd has announced that pursuant to the Resolutions passed by the Circular dated August 10, 2007, by the Shareholders / Investors Grievance Committee of the Board,

12,083 shares were allotted against Conversion of Foreign Currency Convertible Bonds (FCCBs) by Bond Holders.

Consequently, the paid up Share Capital of the Company has increased from 18,73,96,118 shares to 18,74,08,201 shares of Rs 10/- face value, as of date.

The stock closed the day at Rs.951.75, down by Rs.27.80 or 2.84%. The stock hit an intraday high of Rs.993 and low of Rs.926.30. The total traded quantity was 413538 compared to 2 week average of 233258.

Source : Equity Bulls

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