Gee Kay Finance to consider issue of securities on Aug 10, 2009

Gee Kay Finance & Leasing Company Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 10, 2009, inter alia, to consider the allotment of Equity Shares, 6% Optionally Convertible Preference Shares and Warrants convertible into equal number of equity shares to Non-Promoters pursuant to special resolution passed by the members of the Company.

The Board will also consider Appointment of Directors.

The stock closed the day at Rs.338.95, up by Rs.16.10 or 4.99%. The stock hit an intraday high of Rs.338.95 and low of Rs.317.50.

The total traded quantity was 11858 compared to 2 week average of 14648.

Source : Equity Bulls

Keywords