MVL to consider allotment of FCDs to HT Media on Jun 30, 2009

MVL Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 30, 2009, to allot equity shares to M/s. HT Media Ltd by Conversion of Zero Coupon Unsecured Fully Convertible Debentures into Equity Shares.

The stock was trading at Rs.106.60, down by Rs.0.65 or 0.61%. The stock hit an intraday high of Rs.108.50 and low of Rs.106.10.

The total traded quantity was 10338 compared to 2 week average of 11645.

Source : Equity Bulls

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