Info-Drive Software Ltd allots 30045000 shares

The Members of Issue and Management Committee of Info-Drive Software Ltd have by way of circular resolution dated 15.05.2017 made allotment of 3,00,45,000 equity shares of Re. 1/- each at the Conversion price of Re.1/- per share against the conversion of FCCBs to Emerging Market Opputunities Fund on the exercise of their conversion right according to the terms and conditions of the FCCB Issue.

Shares of INFO-DRIVE SOFTWARE LTD. was last trading in BSE at Rs.0.17 as compared to the previous close of Rs. 0.16. The total number of shares traded during the day was 97024 in over 19 trades.

The stock hit an intraday high of Rs. 0.17 and intraday low of 0.15. The net turnover during the day was Rs. 15245.

Source : Equity Bulls

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