Nagarjuna Agri Tech allots 20 Lakh shares, warrants

Nagarjuna Agri Tech Ltd has announced that the Board of Directors of the Company at its meeting held on November 22, 2008, has made preferential allotment of 20,00,000 equity shares of Rs 10/- each at par and 20,00,000 share warrants at an issue price of Rs 10/- each convertible into one equity share of Rs 10/- each, at the option of the warrantholder, to Subhkam Ventures (I) Pvt. Ltd.

The stock was trading at Rs.8.51, down by Rs.0.44 or 4.92%. The stock hit an intraday high of Rs.8.51 and low of Rs.8.51.

The total traded quantity was 100 compared to 2 week average of 100.

Source : Equity Bulls

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