Sri Ganapathy Mills approves preferential issue

Sri Ganapathy Mills Company Ltd has announced that the Board of Directors of the Company at its meeting held on March 30, 2009, inter alia, has considered the issue of equity shares on preferential basis. Accordingly the Company proposes to conduct the Extra Ordinary General Meeting (E.G.M.) on May 20, 2009.

The stock last traded on March 24, 2009 at Rs.5.10, down by Rs.0.20 or 3.77%. The stock hit an intraday high of Rs.5.10 and low of Rs.5.10.

The total traded quantity was 3 compared to 2 week average of 5.

Source : Equity Bulls

Keywords