Kamadgiri Synthetics to consider preferential issue on Jun 12, 2009

Kamadgiri Synthetics Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 12, 2009, inter alia, to consider, discuss and approve issue of equity shares / convertible securities / warrants convertible into equity shares of the Company to the Investors on Preferential basis as per the SEBI Guidelines and to fix up the date, time and venue of the Extra-ordinary general Meeting of the members of the Company for this purpose.

The stock was trading at Rs.27.50, down by Rs.0.10 or 0.36%. The stock hit an intraday high of Rs.28.90 and low of Rs.26.40.

The total traded quantity was 7890 compared to 2 week average of 3897.

Source : Equity Bulls

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