Sujana Metal cancels warrants

Sujana Metal Products Ltd has announced about cancellation / annulment of the allotment of 5,13,00,000 warrants out of 6,05,00,000 issued to the Promoter Group on January 28, 2009 through prefernetial allotment.

The stock was trading at Rs.9.22, down by Rs.0.60 or 6.11%. The stock hit an intraday high of Rs.9.70 and low of Rs.9.12.

The total traded quantity was 86600 compared to 2 week average of 134013.

Source : Equity Bulls

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