Fredun Pharmaceuticals Ltd allots 499,999 shares

The Board of Directors of Fredun Pharmaceuticals Ltd, at its Meeting held today, had considered and approved allotment of 4,99,999 Equity Shares of Rs.10/- each at Rs. 150/- each to the eligible Investors and Promoters on Preferential Basis; in reference to the In-principle Approval received by the Company dated January 10, 2018.

Shares of Fredun Pharmaceuticals Ltd was last trading in BSE at Rs.142.7 as compared to the previous close of Rs. 142.7. The total number of shares traded during the day was 1600 in over 6 trades.

The stock hit an intraday high of Rs. 142.7 and intraday low of 142.7. The net turnover during the day was Rs. 228320.

Source : Equity Bulls

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