Opto Circuits allots 540000 shares

Opto Circuits India Ltd has announced that 5,40,000 convertible share warrants were allotted to Mr. Vinod Ramnani Promoter Director in 2007 at Rs 360/- per warrant. The Company has converted these warrants in to 5,40,000 equity shares and allotted the same to Mr. Vinod Ramnani on January 12, 2009.

The stock was trading at Rs.91.50, down by Rs.1.05 or 1.13%. The stock hit an intraday high of Rs.94 and low of Rs.89.20.

The total traded quantity was 41744 compared to 2 week average of 167040.

Source : Equity Bulls

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