Heritage Foods to consider issue of securities

Heritage Foods India Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 04, 2008, to consider the proposal of issuing equity shares / warrants / other instruments convertible in to equity shares on preferential basis to promoters / Non-promoters subject to necessary approvals in addition to other items on the Agenda.

The Stock closed the day at Rs.334, up by Rs.44.65 or 15.43%. The stock hit an intraday high of Rs.343.90 and low of Rs.290.

The total traded quantity was 25713 compared to 2 week average of 5826.

Source : Equity Bulls

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