Celestial Biolabs Limited approves issue of warrants

The Board of Directors of Celestial Biolabs Limited in their board meeting held today have approved proposal to issue 1,75,99,162 convertible warrants on private placement basis to promoters & non-promoter group, subject to approval from shareholders, stock exchanges or any statutory body as may be required in this regard.

The board also approved proposal to convene the 20th Annual General Meeting of the Company for the financial year 2017-18 on 29th September, 2018.

Shares of Celestial Biolabs Limited was last trading in BSE at Rs.18.25 as compared to the previous close of Rs. 16. The total number of shares traded during the day was 462756 in over 1165 trades.

The stock hit an intraday high of Rs. 19.2 and intraday low of 16.25. The net turnover during the day was Rs. 8493254.

Source : Equity Bulls

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