Garnet Construction to convert 60 lakh warrants

Garnet Construction Ltd has announced the Board of Directors of the Company at its meeting held on June 01, 2009, has decided to convert the 60,00,000 convertible warrants into equity shares.

The stock was trading at Rs.21.85, up by Rs.1 or 4.80%. The stock hit an intraday high of Rs.21.85 and low of Rs.21.85.

The total traded quantity was 14074 compared to 2 week average of 4442.

Source : Equity Bulls

Keywords