Jubilant Organosys to consider raising funds on Oct 22, 2009

Jubilant Organosys Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 22, 2009, inter alia, to consider raising of capital through issue of FCCBs / GDRs/ Equity / other securities to any person or issue to Qualified Institutional Buyers.

The stock was trading at Rs.222.80, up by Rs.1.30 or 0.59%. The stock hit an intraday high of Rs.229 and low of Rs.221.50.

The total traded quantity was 65110 compared to 2 week average of 32222.

Source : Equity Bulls

Keywords