MVL to consider NCD issue on Apr 27, 2009

MVL Ltd has announced that a meeting of the Board of Directors of the Company will be held on April 27, 2009, inter alia, to consider and take on record the proposal to issue non convertible debentures (NCD) to Institutional Investors / Mutual Funds / bodies corporate on private placement basis.

The stock was trading at Rs.75.20, up by Rs.0.10 or 0.13%. The stock hit an intraday high of Rs.78.70 and low of Rs.75.

The total traded quantity was 15892 compared to 2 week average of 7055.

Source : Equity Bulls

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