Anant Raj Industries allots 2 crore warrants

Anant Raj Industries Ltd has announced that the Board of Directors of the Company at its meeting held on July 10, 2009, inter alia, has approved the allotment of 2,00,00,000 (Two Crores) Fully Convertible Warrants to Anant Raj Meadows Pvt. Ltd, a Promoter group Company on preferential basis, in terms of Chapter XIII of the SEDI (Disclosures & Investors Protection) Guidelines, 2000.

The Board approved appointment of Shri. Amit Sarin as an Additional Director and CEO of the Company w.e.f. July 10, 2009.

The Board also approved and signed Notice of the Annual General Meeting to be held on August 20, 2009 and Director's Report for the year ended March 31, 2009.

The stock closed the day at Rs.94.40, down by Rs.1.60 or 1.67%. The stock hit an intraday high of Rs.99.90 and low of Rs.91.40.

The total traded quantity was 68605 compared to 2 week average of 237506.

Source : Equity Bulls

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