Twentyfirst Century Management Services to consider issue of preference shares

Twentyfirst Century Management Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 28, 2009, inter alia, to consider and approve among other business, the issue of Redeemable Non-convertible Preference Shares on Preferential basis to Promoters, Directors, Associates, Relatives and Persons acting in concert.

To approve the notice for convening Extra Ordinary General Meeting to be held on March 23, 2009 in which the resolution for issue of Redeemable Non-convertible Preference Shares on Preferential basis to Promoters, Directors, Associates, Relatives and Persons acting in concert will be considered.

The stock closed the day at Rs.6.50, down by Rs.0.14 or 2.11%. The stock hit an intraday high of Rs.6.95 and low of Rs.6.31.

The total traded quantity was 5020 compared to 2 week average of 12339.

Source : Equity Bulls

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