Innovative Tech Pack Ltd calls for Share / Warrant Allotment Committee Meeting on Nov 10, 2016

In anticipation of the In-Principle approval under Regulation 28(1) of the SEBI (LODR) Regulation, 2015 received from the BSE Limited vide their letter dated October 26, 2016, for issuance of 600,000 nos. of Warrants convertible into Equity Shares of the Company, ranking pari-passu, on preferential basis, at a price not less than Rs. 34.37/- per Warrants to the Promoter.

The Meeting of the Share/Warrant Allotment Committee will be schedule to be held on November 10, 2016 at 10:00 a.m. at the Corporate Office of the Company, interalia to allot 600,000 nos. of fully convertible warrants on preferential basis.

Shares of INNOVATIVE TECH PACK LTD. was last trading in BSE at Rs.58 as compared to the previous close of Rs. 56.1. The total number of shares traded during the day was 30319 in over 152 trades.

The stock hit an intraday high of Rs. 58 and intraday low of 46.6. The net turnover during the day was Rs. 1585930.

Source : Equity Bulls

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