Wellworth Overseas to consider issue of securities on Apr 21, 2009

Wellworth Overseas Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 21, 2009, inter alia, to consider the option for increase of Authorized Capital of the Company.

To consider the option for offer, issue, and allotment of Equity shares / warrants on preferential bases and QIP.

To consider calling Extra Ordinary General Meeting of members of the Company to consider the option for increase of Authorized Share Capital of the Company.

To authorize any of the Director of the Company to issue notice calling the Extra Ordinary General Meeting of the members of the Company.

The stock closed the day at Rs.0.22. The stock hit an intraday high of Rs.0.22 and low of Rs.0.21.

The total traded quantity was 8500 compared to 2 week average of 17148.

Source : Equity Bulls

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