KEI Industries to consider allotment of 1 crore warrants on Aug 26, 2009

KEI Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 26, 2009, inter alia, to consider and approve allotment of 1,00,00,000 (One Crore) Warrants convertible into equivalent number of equity shares of face value of Rs 2/- each of the Company.

The stock was trading at Rs.29.10, up by Rs.1.35 or 4.86%. The stock hit an intraday high of Rs.29.10 and low of Rs.29.10.

The total traded quantity was 78083 compared to 2 week average of 54207.

Source : Equity Bulls

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