Vista Pharma approves preferential issue

The Board Vista Pharmaceuticals Limited in its meeting held on 07.03.2017 at the registered office of the Company, has considered and approved the issue of 18,00,000 equity shares and 44,50,000 convertible warrants to the promoters on preferential basis at an issue price of Rs. 24.05/- per equity share/warrant.

The Board approved proposal fo holding of Extra Ordinary General Meeting (EGM) of the Company on 30.03.2017 at 11.30 a.m at the registered office of the Company at Plot Nos 10 to 14 and 16 to 20, APIIC Industrial Estate, Chityal, Gopalaipalli Village, Narketpally Mandal, Nalgonda District, Telangana to take the shareholders' approval for the same.

Shares of VISTA PHARMACEUTICALS LTD. was last trading in BSE at Rs.34.6 as compared to the previous close of Rs. 34.95. The total number of shares traded during the day was 389254 in over 1112 trades.

The stock hit an intraday high of Rs. 36.75 and intraday low of 32.5. The net turnover during the day was Rs. 13531574.

Source : Equity Bulls

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