SR Industries Ltd to consider preferential allotment on Sep 4, 2016

A meeting of the Board of Directors of SR Industries Ltd is scheduled to be held on September 04, 2016, to consider the preferential allotment of 5,00,000 equity shares of Rs. 10/- each and 5,00,000 warrants to the persons belonging to the promoter group on private placement basis.

Shares of S.R.INDUSTRIES LTD. was last trading in BSE at Rs.5.25 as compared to the previous close of Rs. 5. The total number of shares traded during the day was 500 in over 2 trades.

The stock hit an intraday high of Rs. 5.25 and intraday low of 5.25. The net turnover during the day was Rs. 2625.

Source : Equity Bulls

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