JRG Securities allots 1,03,82,174 shares to Duckworth Ltd

JRG Securities Ltd has announced that the Board of Directors of the Company at its meeting held on October 30, 2007, inter alia, has approved the allottment of 1,03,82,174 Equity Shares and 1,33,33,333 warrants to the investors, Duckworth Ltd, a Company incorporated under the laws of Mauritius and 16,57,237 warrants to the promoter of the Companies at a price of Rs 48/- per share as per the SEBI pricing formula.

The Stock closed the day at Rs.53.50, up by Rs.0.45 or 0.85%. The stock hit an intraday high of Rs.55.05 and low of Rs.53.05.

The total traded quantity was 126798 compared to 2 week average of 74774.

Source : Equity Bulls

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