KDDL Ltd allots 264150 warrants

The Committee of KDDL Ltd for Preferential Issue of Zero Coupon Convertible Warrants-2016, at its meeting held on December 21, 2016, has allotted 264,150 (two lac sixty four thousand one hundred fifty) Zero Coupon Convertible Warrants of Rs. 265/- each convertible into one equity shares of Rs. 10/- each at a premium of Rs. 255/- per share as per terms of allotment and SEBI guidelines to Swades Capital LLC, a promoter group entity.

Shares of KDDL LTD. was last trading in BSE at Rs.202.9 as compared to the previous close of Rs. 205.25. The total number of shares traded during the day was 3100 in over 120 trades.

The stock hit an intraday high of Rs. 204.45 and intraday low of 198. The net turnover during the day was Rs. 622801.

Source : Equity Bulls

Keywords