Blue Coast Hotels allots 1162162 shares

Blue Coast Hotels & Resorts Ltd has announced that the Board of Directors of the Company at its meeting held on October 29, 2008, has allotted 11,62,162 Equity Shares of Rs 10/- each, on preferential basis, to Ferry Holdings Ltd belonging to Category - Public.

The Stock was trading at Rs.89.75, down by Rs.9.65 or 9.71%. The stock hit an intraday high of Rs.89.75 and low of Rs.89.75.

The total traded quantity was 1 compared to 2 week average of 30.

Source : Equity Bulls

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