Subex Ltd deferes decision on preferential issue

The Board of Directors of Subex Ltd at its meeting held on September 12, 2016, has considered the preferential issue.

The Agenda item relating to the consideration of the issue of equity shares on Preferential Basis by the Company has been deferred.

The meeting concluded at 12.50 p.m.

Shares of SUBEX LTD. was last trading in BSE at Rs.13.02 as compared to the previous close of Rs. 12.76. The total number of shares traded during the day was 9590485 in over 13288 trades.

The stock hit an intraday high of Rs. 13.49 and intraday low of 12.12. The net turnover during the day was Rs. 123432171.

Source : Equity Bulls

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