S Kumars.Com to refund warrants application money

S Kumars.Com Ltd has announced that the Board of Directors of the Company at its meeting held on August 27, 2009, has decided to refund the application money received from the warrant applicants in view of the absence of in-principle approval from Stock Exchange, subject to approval of members.

The stock was trading at Rs.5.29, up by Rs.0.25 or 4.96%. The stock hit an intraday high of Rs.5.29 and low of Rs.5.15.

The total traded quantity was 4649 compared to 2 week average of 5775.

Source : Equity Bulls

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