Sybly Industries allots 43500000 Warrants on Preferential Basis

Sybly Industries Ltd has announced that the Board of Directors of the Company at its meeting held on March 28, 2008, has allotted 4,35,00,000 Warrants, convertible into equal number of equity shares of the Company to the promoters / promoters group on preferential basis.

The Stock closed the day at Rs.6.82, up by Rs.0.37 or 5.74%. The stock hit an intraday high of Rs.7.06 and low of Rs.6.62.

The total traded quantity was 17351 compared to 2 week average of 14980.

Source : Equity Bulls

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