Shree Ram Mills to consider raising capital on Apr 11, 2009

Shree Ram Mills Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 11, 2009, inter alia, to consider raising capital by issuing convertible warrants on preferential basis.

The stock closed the day at Rs.54.50, up by Rs.2.55 or 4.91%. The stock hit an intraday high of Rs.54.50 and low of Rs.53.50.

The total traded quantity was 3681 compared to 2 week average of 12753.

Source : Equity Bulls

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