Saregama India to consider preferential issue on Jun 08, 2009

Saregama India Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 08, 2009, to consider a proposal for issue of equity shares to the promoters and / or others on preferential basis.

The stock closed the day at Rs.88.60, down by Rs.3 or 3.28%. The stock hit an intraday high of Rs.94.45 and low of Rs.88.35.

The total traded quantity was 2237 compared to 2 week average of 11034.

Source : Equity Bulls

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