Himadri Chemicals to consider issue of FCCBs on Mar 03, 2009

Himadri Chemicals & Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 03, 2009, inter alia, to consider the issue of Foreign Currency Convertible Bonds (FCCB).

To consider raising loans in Foreign Currency - (ECB).

The stock was trading at Rs.81.50, down by Rs.2.70 or 3.21%. The stock hit an intraday high of Rs.85 and low of Rs.79.20.

The total traded quantity was 795 compared to 2 week average of 18163.

Source : Equity Bulls

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