Shiva Cement Ltd allots 80 lakh shares

The Board of Directors of Shiva Cement Ltd at its meeting held on December 06, 2016, has approved the allotment of 80,00,000.Nos. of Equity Shares of Rs.2/- each at a premium of Rs. 4.20 per share to Harsh Vanijya Private Limited upon exercise of option by them for conversion of Equity Share Warrants earlier allotted to them on preferential basis.

Shares of SHIVA CEMENT LTD. was last trading in BSE at Rs.9.47 as compared to the previous close of Rs. 9.64. The total number of shares traded during the day was 81653 in over 139 trades.

The stock hit an intraday high of Rs. 9.75 and intraday low of 9.31. The net turnover during the day was Rs. 777822.

Source : Equity Bulls

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