FCS Software Solutions Ltd allots 5 crore shares

The Board of Directors of FCS Software Solutions Ltd at its meeting held on April 12, 2016, has approved the allotment of 5,00,00,000 (Five Crore) Equity Shares of Re. 1/- each ranking pari-passu in lieu of 5,00,00,000 (Five Crore) Convertible Warrants allotted on Preferential Basis. The said allotment has been done in compliance with Chapter VII of SEBI (ICDR) Regulations, 2009.

The meeting was concluded at 3:45 P. M.

Shares of FCS SOFTWARE SOLUTIONS LTD. was last trading in BSE at Rs.0.37 as compared to the previous close of Rs. 0.38. The total number of shares traded during the day was 247747 in over 37 trades.

The stock hit an intraday high of Rs. 0.38 and intraday low of 0.36. The net turnover during the day was Rs. 91871.

Source : Equity Bulls

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