Dhanus Technologies EGM approves raising upto US$ 30 million

Dhanus Technologies Ltd has announced that the shareholders in the Extraordinary General Meeting (EGM) held on June 18, 2009 have accorded their unanimous consent to further issue of equity shares / GDRs / ADRs / FCCBs / QIPs / Domestic Public / Rights offering and/or other securities in the Domestic/International market up to an amount not exceeding US $ 30 million (US Dollars Thirty million only) either in foreign currency or Indian Rupees, in one or more tranches, including a green shoe option, if any.

The stock closed the day at Rs.33.55, down by Rs.1.75 or 4.96%. The stock hit an intraday high of Rs.36.70 and low of Rs.33.55.

The total traded quantity was 63605 compared to 2 week average of 131740.

Source : Equity Bulls

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