GEE approves allotment of 901786 shares

GEE Ltd has announced that the Board of Directors of the Company at its meeting held on February 23, 2009, has approved the allotment of 9,01,786 Equity Shares of Rs 2/- each to the shareholders of the Transferor Companies in accordance with Amalgamation Scheme approved by Hon'ble Bombay High Court.

The stock was trading at Rs.29.50, down by Rs.3.35 or 10.20%. The stock hit an intraday high of Rs.30 and low of Rs.29.50.

The total traded quantity was 300 compared to 2 week average of 3870.

Source : Equity Bulls

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