Superhouse allots 575749 shares

Superhouse Ltd has announced that the Board of Directors of the Company at its meeting held on March 16, 2009, inter alia, has allotted 5,75,749 Equity Shares of Rs 10/- each at the premium of Rs 17/- per share to the Promoters / Promoters Group on preferential basis consequent to the part conversion of 19,64,249 warrants of Rs 27/- each convertible into equal number of Equity Shares.

The details of allotment of equity shares, consequent to the first conversion of the warrants are as under :-

Mr. Mukhtarul Amin - 36500 No of Shares Allotted
Mrs. Shahina Mukhtar - 48000 No of Shares Allotted
Mrs. Nausheen Shadab - 20000 No of Shares Allotted
Mrs. Shada Fatima - 7500 No of Shares Allotted
M/s. Chowdhary Overseas Ltd - 20249 No of Shares Allotted
M/s. Lucknow Abattoir Ltd - 170000 No of Shares Allotted
M/s. Amin International Ltd - 48500 No of Shares Allotted
M/s. Superhouse Accessories Ltd - 225000 No of Shares Allotted

The stock closed the day at Rs.20, up by Rs.0.05 or 0.25%. The stock hit an intraday high of Rs.22.65 and low of Rs.20.

The total traded quantity was 142 compared to 2 week average of 3200.

Source : Equity Bulls

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