Gremach Infrastructure to consider alternatives to raise funds on Jun 27, 2009

Gremach Infrastructure Equipments & Projects Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 27, 2009, inter alia, to consider, the various alternatives available towards raising of funds through GDRs / ADRs /QIP as deem fit and suitable to board.

The stock closed the day at Rs.32.50, down by Rs.1.70 or 4.97%. The stock hit an intraday high of Rs.35 and low of Rs.32.50.

The total traded quantity was 234219 compared to 2 week average of 303664.

Source : Equity Bulls

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