Sterlite Technologies to consider preferential issue on Apr 02, 2009

Sterlite Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 02, 2009, inter alia, to consider issue of equity shares / convertible warrants / convertible debentures (or any combination thereof) on preferential allotment basis to the promoters of the Company.

The stock was trading at Rs.70, up by Rs.0.20 or 0.29%. The stock hit an intraday high of Rs.73.55 and low of Rs.65.15.

The total traded quantity was 102561 compared to 2 week average of 112653.

Source : Equity Bulls

Keywords