Bodal Chemicals to consider redemption of preference shares on Feb 24, 2009

Bodal Chemicals Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 24, 2009, inter alia, to consider and redemption of 39,67,146, 10% Non Cumulative Redeemable preference shares of Rs 10/- each.

The stock was trading at Rs.18, down by Rs.0.95 or 5.01%. The stock hit an intraday high of Rs.18 and low of Rs.18.

The total traded quantity was 200 compared to 2 week average of 3502.

Source : Equity Bulls

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