JIK Industries allots 5106 DVR shares

JIK Industries Ltd has announced that the Board of Directors of the Company at its meeting held on October 03, 2009, inter alia, has considered, approved and allotted 5,106 'A' Ordinary Equity Shares of Rs. 10/- each with differential voting rights (DVR) (viz. 1 vote for every 10 Shares held excluding fractions, if any) as per SEBI pricing formula on preferential basis to willing creditors /investors as per Hon'ble BIFR Orders.

The stock was trading at Rs.24.45, down by Rs.0.10 or 0.41%. The stock hit an intraday high of Rs.25.75 and low of Rs.24.25.

The total traded quantity was 7050 compared to 2 week average of 20714.

Source : Equity Bulls

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