Nettlinx EGM approves issue of 433300 shares

Nettlinx Ltd has announced that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on April 17, 2009, have considered and passed Special Resolution approving for issue of 433300 Equity Shares of Rs 10 (Rupees Ten Only) each at a premium of Rs 5/- (Rupees Five Only) for other than cash to M/s. My Guru Online Ltd through preferential issue.

The stock closed the day at Rs.12, up by Rs.0.26 or 2.21%. The stock hit an intraday high of Rs.12.30 and low of Rs.11.20.

The total traded quantity was 5999 compared to 2 week average of 2648.

Source : Equity Bulls

Keywords