PG Foils to consider issue of warrants

PG Foils Ltd has announced that a meeting of the Board of Directors of the Company will be held on September 11, 2007, to consider issue of Warrants which will be converted into equity shares to the Strategic Investor or Persons belonging to promoter group on preferential basis.

The stock was trading at Rs.53.70, up by Rs.2.55 or 4.99%. The stock hit an intraday high of Rs.53.70 and low of Rs.53.70. The total traded quantity was 28089 compared to 2 week average of 28293.

Source : Equity Bulls

Keywords