GTN Industries to issue preference shares for Rs 10 crore

GTN Industries Ltd has announced that the Board of Directors of the Company at its meeting held on June 27, 2009, inter alia, has approved issue of Redeemable Preference Shares of Rs 100/- each at par to an amount not exceeding Rs 1000 lacs (Rupees One Thousand lacs only).

The stock closed on Friday at Rs.10.80, up by Rs.0.50 or 4.85%. The stock hit an intraday high of Rs.10.80 and low of Rs.10.15.

The total traded quantity was 2325 compared to 2 week average of 1109.

Source : Equity Bulls

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