H S India allots 3 lakh shares to IFCI

H S India Ltd has announced that the Board of Directors of the Company at its meeting held on May 27, 2009, has allotted 3 lakhs equity shares of the Company to IFCI Ltd on conversion of 3000, 12.5% OFCDs of Rs 1000/- each.

Consequently, the paid up capital of the Company has increased to Rs 13,51,94,000/- divided into 1,35,19,400 equity shares of Rs 10/- each.

The stock was trading at Rs.9.35, up by Rs.0.28 or 3.09%. The stock hit an intraday high of Rs.9.40 and low of Rs.9.

The total traded quantity was 4082 compared to 2 week average of 12585.

Source : Equity Bulls

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