GHCL resets FCCB conversion price to Rs 147.9533

GHCL Ltd has announced that according to the terms and conditions of offering circulars issued for FCCB, the Second Reset Price of Foreign Currency Convertible Bonds (FCCB) is fixed USD 3.2278 per equity share translated into Indian Rupees 147.9533 per share on September 21, 2008.

The stock closed the day at Rs.63.25, down by Rs.2.50 or 3.80%. The stock hit an intraday high of Rs.66 and low of Rs.62.85.

The total traded quantity was 136001 compared to 2 week average of 380984.

Source : Equity Bulls

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