Vyapar Industries cancels warrants

Vyapar Industries Ltd has announced that advance received in respect of 15,00,000 Convertible Warrants issued by the Company, which have fallen due for conversion into equity shares on May 08, 2009, being the last date, have been forfeited by the Company and the said warrants has been cancelled.

The stock was trading at Rs.30.35, up by Rs.1.40 or 4.84%. The stock hit an intraday high of Rs.30.35 and low of Rs.29.

The total traded quantity was 225 compared to 2 week average of 8753.

Source : Equity Bulls

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