Savera Industries to allot warrants to Promoter Group

Savera Industries Ltd has announced that the Board of Directors of the Company at its meeting held on April 30, 2008, inter alia, has considered the allotment of Share Warrants to Promoter and Promoter Group subject to the approval of Shareholders at their Meeting.

The Stock closed on Wednesday at Rs.81, down by Rs.3.70 or 4.37%. The stock hit an intraday high of Rs.84.50 and low of Rs.80.50.

The total traded quantity was 2426 compared to 2 week average of 1451.

Source : Equity Bulls

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