Sturdy Industries Ltd approves allotment of 12532350 shares

The Board of Directors of Sturdy Industries Ltd at its meeting held on October 11, 2016, has considered and approved the allotment of 1,25,32,350 Equity Shares to the Shareholder of Tirupati Aluminium Limited pursuant to the approval of Scheme of arrangement of Tirupati Aluminium Limited with Sturdy Industries Limited.

Shares of STURDY INDUSTRIES LTD. was last trading in BSE at Rs.0.93 as compared to the previous close of Rs. 0.89. The total number of shares traded during the day was 16000 in over 5 trades.

The stock hit an intraday high of Rs. 0.93 and intraday low of 0.93. The net turnover during the day was Rs. 14880.

Source : Equity Bulls

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