Intellivate Capital to consider allotment of 240000 shares on Mar 25, 2009

Intellivate Capital Ventures Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 25, 2009, inter alia, to consider issue and allotment of 2,40,000 Equity Shares of face value of Rs 10/- each at a premium of Rs 40/- per share to the investors on preferential basis.

The stock closed the day at Rs.30.50, up by Rs.1.45 or 4.99%. The stock hit an intraday high of Rs.30.50 and low of Rs.30.50.

The total traded quantity was 12000 compared to 2 week average of 12000.

Source : Equity Bulls

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