MK Exim India to sell forfeited shares

MK Exim India Ltd has announced that the Board of Directors of the Company at its meeting held on March 30, 2009, inter alia, has authorised Shri Kanhaiya Lal Khanchandani, Managing Director, to sell the 7,82,300 forfeited shares at Rs 6/- per share and to execute deeds of transfer in connection therewith.

The stock was trading at Rs.11.10, up by Rs.0.50 or 4.72%. The stock hit an intraday high of Rs.11.10 and low of Rs.10.10.

The total traded quantity was 374 compared to 2 week average of 533.

Source : Equity Bulls

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