Rasi Electrodes Ltd to allot shares on conversion of warrants

A meeting of the Board of Directors of Rasi Electrodes Ltd will be held on March 28, 2016, to allot equity shares to investors who have exercised their option to convert the Warrants issued to them on September 29, 2014.

Shares of RASI ELECTRODES LTD. was last trading in BSE at Rs.13 as compared to the previous close of Rs. 12.62. The total number of shares traded during the day was 65638 in over 126 trades.

The stock hit an intraday high of Rs. 13.8 and intraday low of 11.85. The net turnover during the day was Rs. 855819.

Source : Equity Bulls

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