Anant Raj Industries to consider allotment of warrants on Jul 10, 2009

Anant Raj Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 10, 2009, to consider the allotment of 2,00,00,000 (Two Crores) Fully Convertible Warrants to a Promoter group Company on preferential basis in terms of Chapter XIII of the SEBI (Disclosures & Investors Protection) Guidelines, 2000.

To consider appointment of Shri. Amit Sarin as Director and CEO of the Company.

The stock closed the day at Rs.106.50, down by Rs.5.60 or 5%. The stock hit an intraday high of Rs.117.70 and low of Rs.106.50.

The total traded quantity was 384606 compared to 2 week average of 283021.

Source : Equity Bulls

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