Ind Swift Laboratories to consider allotment of shares on Jun 15, 2009

Ind Swift Laboratories Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 15, 2009, inter alia, to consider and approve, allotment of shares upon part conversion of Zero Coupon Convertible warrants (SERIES 2008) into equity shares of the holders of the warrants.

The stock closed the day at Rs.41.50, down by Rs.0.70 or 1.66%. The stock hit an intraday high of Rs.43 and low of Rs.41.

The total traded quantity was 29477 compared to 2 week average of 48011.

Source : Equity Bulls

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