Core Projects allots 1970552 equity shares

Core Projects & Technologies Ltd has announced that the Shareholders / Investors Grievances Committee at its meeting held on June 26, 2009, approved the Allotment of 19,70,552 Equity Shares of Rs 2 each on conversion of Foreign Currency Convertible Bonds (FCCBs).

The paid-up capital of the Company after this allotment stands increased at Rs 18,33,70,674 comprising of 9,16,85,337 no of Equity Shares of Rs 2 each.

The stock was trading at Rs.136.20, down by Rs.1.80 or 1.30%. The stock hit an intraday high of Rs.143.70 and low of Rs.135.50.

The total traded quantity was 750757 compared to 2 week average of 535454.

Source : Equity Bulls

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