Dynacons Systems & Solutions Limited allots 455000 shares, 2795000 warrants

The Board of Directors of Dynacons Systems & Solutions Limited at its meeting held on March 31, 2017 has approved the allotment of 4,55,000 Equity Shares at an issue price of Rs. 20 per share (including premium of Rs. 10 per share) and 27,95,000 warrants convertible into Equity Shares at an issue price of Rs. 20 per share (including premium of Rs. 10 per share) to promoter / promoter group and others on preferential basis.

Shares of DYNACONS SYSTEMS & SOLUTIONS LTD. was last trading in BSE at Rs.19 as compared to the previous close of Rs. 19. The total number of shares traded during the day was 5210 in over 38 trades.

The stock hit an intraday high of Rs. 20.45 and intraday low of 18.25. The net turnover during the day was Rs. 98833.

Source : Equity Bulls

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