Scan Steels Limited calls for Board Meeting on March 14, 2017 for allotment of Equity Shares on conversion of warrants

A meeting of the Board of Directors of Scan Steels Limited will be held on Tuesday, 14th March, 2017 at 10.00 a.m. for the allotment of Equity Shares on conversion of warrants issued / allotted by the company on 14.10.2015 as per In-principle approval of BSE.

The Board will consider any other business as per the permission of the Chairman.

Pursuant to Code of Conduct to regulate, monitor and report trading by insiders, the Trading Window for dealing in the securities of the Company shall remain closed for the Directors / Officers / Designated Employees and dependents covered under the Code from the close of business hours of March 6, 2017 till 48 hours after the announcement of outcome of Board Meeting to the Stock Exchanges.

Shares of Scan Steels Limited was last trading in BSE at Rs.9 as compared to the previous close of Rs. 8.58. The total number of shares traded during the day was 125 in over 2 trades.

The stock hit an intraday high of Rs. 9 and intraday low of 8.16. The net turnover during the day was Rs. 1041.

Source : Equity Bulls

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