Salzer Electronics Ltd allots 25000 shares at Rs. 251.45

The Sub-Committee of the Board of Directors of Salzer Electronics Ltd at its Meeting held on April 16, 2016, approved the allotment of 25,000 Equity Shares of Rs. 10/- each with a premium of Rs. 241.45 per share, against the equivalent number of share warrants exercised by a warrant holder, being a Promoter, under Chapter VII (Preferential Issue) of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009.

Shares of SALZER ELECTRONICS LTD. was last trading in BSE at Rs.213.5 as compared to the previous close of Rs. 212.6. The total number of shares traded during the day was 35335 in over 360 trades.

The stock hit an intraday high of Rs. 219.1 and intraday low of 213.5. The net turnover during the day was Rs. 7622459.

Source : Equity Bulls

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