Kiri Industries Ltd approves allotment of 1294000 shares

The Board of Directors of Kiri Industries Ltd at its meeting held on on April 08, 2016, have approved allotment of 12,94,000 Equity Shares upon conversion of Warrants issued to Mrs. Anupama Kiri, Promoter Group of the Company on preferential basis in accordance with SEBI (Issue of Capital Disclosure Requirements), Regulations, 2009.

The meeting was commenced at 11.30 a.m. and concluded at 1.55 p.m.

Shares of KIRI INDUSTRIES LTD. was last trading in BSE at Rs.201.4 as compared to the previous close of Rs. 183.7. The total number of shares traded during the day was 632200 in over 8146 trades.

The stock hit an intraday high of Rs. 202 and intraday low of 184.1. The net turnover during the day was Rs. 124045104.

Source : Equity Bulls

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