Akanksha Finvest to allot 18320050 warrants

Akanksha Finvest Ltd has announced that the Board of Directors of the Company at its meeting held on March 23, 2009, has been decided to allot the 1,83,20,050 Warrants convertible into Equity Shares on Preferential basis to the persons belonging to Non-Promoter Category.

For the shareholders approval for the aforesaid preferential issue, the meeting of the shareholders is going to be held on April 24, 2009.

The stock closed the day at Rs.5.90, down by Rs.0.03 or 0.51%. The stock hit an intraday high of Rs.6.22 and low of Rs.5.64.

The total traded quantity was 60 compared to 2 week average of 23.

Source : Equity Bulls

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