Quintegra Solutions to issue Securities on Preferential basis to raise US$ 100 Million

Quintegra Solutions Ltd has announced that the Board of Directors of the Company at its meeting held on June 27, 2008 has considered the issue of preferential securities upto USD 100 million subject to necessary approvals.

An Extraordinary General Meeting of the Company is proposed to be convened on July 28, 2008.

The Stock closed on Friday at Rs.57.05, down by Rs.3 or 5%. The stock hit an intraday high of Rs.62 and low of Rs.57.05.

The total traded quantity was 9404 compared to 2 week average of 4709.

Source : Equity Bulls

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