Liberty Phosphate to consider preferential issue on Apr 04, 2009

Liberty Phosphate Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 04, 2009, inter alia, to consider increase in Authorised Share Capital of the Company.

To consider preferential issue of Equity Shares.

To consider re-appointment of Shri. R R Dhanani, Managing Director of the Company.

To consider increase in borrowing powers of the Company.

The stock closed the day at Rs.10.32, down by Rs.0.14 or 1.34%. The stock hit an intraday high of Rs.10.99 and low of Rs.10.16.

The total traded quantity was 1261 compared to 2 week average of 5708.

Source : Equity Bulls

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