Flawless Diamond to consider issue of securities on Jun 15, 2009

Flawless Diamond India Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 15, 2009, inter alia, to decide on issuing Equity Shares and / or convertible warrants on Preferential basis to the FII, NRI and Promoters and / or other Investors.

The stock was trading at Rs.38, down by Rs.0.45 or 1.17%. The stock hit an intraday high of Rs.39 and low of Rs.38.

The total traded quantity was 35253 compared to 2 week average of 57728.

Source : Equity Bulls

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