H S India to allot 5438000 warrants at Rs 14

H S India Ltd has announced that the Board of Directors of the Company at its meeting held on August 25, 2008, inter alia, has approved to allot 54,38,000 convertible warrants @ of Rs 14/- each to promoters and non-promoters group subject to the consent of Shareholders of the Company.

The stock was trading at Rs.10.70, down by Rs.0.21 or 2.19%. The stock hit an intraday high of Rs.11.51 and low of Rs.10.59.

The total traded quantity was 2806 compared to 2 week average of 3404.

Source : Equity Bulls

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