Kiri Industries Ltd to consider conversion of 1294000 warrants

A meeting of the Board of Directors of Kiri Industries Ltd will be held on April 08, 2016, to consider and approve allotment of 12,94,000 equity shares upon Conversion of warrants issued to Mrs. Anupama Kiri, Promoter Group of the Company at issue price of Rs. 136/- per warrant on preferential basis in accordance with SEBI (Issue of Capital Disclosure Requirements) Regulations, 2009.

Shares of KIRI INDUSTRIES LTD. was last trading in BSE at Rs.112.6 as compared to the previous close of Rs. 110.8. The total number of shares traded during the day was 38225 in over 643 trades.

The stock hit an intraday high of Rs. 116 and intraday low of 106.7. The net turnover during the day was Rs. 4232631.

Source : Equity Bulls

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