Accentia Technologies allots 4 lakh shares

Accentia Technologies Ltd has announced that the Company has allotted 4,00,000 shares of Rs 10/- each issued at a premium of Rs 125.99/- per share aggregating to Rs 135.99/- share against exercise of warrants by the Promoters, which were earlier issued to Promoters on a preferential basis. The corporate action with the Depositories is under process.

The stock was trading at Rs.106, down by Rs.4.05 or 3.68%. The stock hit an intraday high of Rs.111 and low of Rs.100.

The total traded quantity was 8867 compared to 2 week average of 8780.

Source : Equity Bulls

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