Simbhaoli Sugars allots 1604000 shares

Simbhaoli Sugars Ltd has announced that the Company has issued and allotted 1604000 equity shares pursuant to conversion of 1604000 warrants to the warrant holder on July 30, 2009 in accordance with the provisions of the SEBI (Disclosure & Investor Protection) Guidelines, 2000 for preferential issues.

The stock closed the day at Rs.61.85, down by Rs.0.90 or 1.43%. The stock hit an intraday high of Rs.64.20 and low of Rs.60.10.

The total traded quantity was 249076 compared to 2 week average of 516403.

Source : Equity Bulls

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