Sturdy Industries Ltd allots shares under SDR

The Board of Directors of Sturdy Industries Ltd at its meeting held on October 24, 2016, has considered and approved the allotment of 4,53,76,108 Equity Shares of Rs. 2/- each at Face Value of Rs. 2/- to the Punjab National Bank pursuant to SDR package.

The Board also approved the allotment of 3,17,63,276 Equity Shares of Rs. 2/- each at Face Value of Rs. 2/- to the Allahabad Bank pursuant to SDR package.

Shares of STURDY INDUSTRIES LTD. was last trading in BSE at Rs.1.11 as compared to the previous close of Rs. 1.11. The total number of shares traded during the day was 15396 in over 7 trades.

The stock hit an intraday high of Rs. 1.11 and intraday low of 1.11. The net turnover during the day was Rs. 17089.

Source : Equity Bulls

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