Indiabulls Securities redeems Non-Convertible Preference Shares

Indiabulls Securities Ltd has announced that the Company has redeemed 9,966,667 outstanding Non-Convertible Preference Shares of face value Rs 4.61 per share, held by Oberon Ltd in the Company. Consequently, the paid-up preference share capital in the Company stands fully redeemed.

The stock was trading at Rs.45, down by Rs.1.75 or 3.74%. The stock hit an intraday high of Rs.46.35 and low of Rs.44.60.

The total traded quantity was 387175 compared to 2 week average of 1857892.

Source : Equity Bulls

Keywords