Kisan Mouldings approves allotment of 1951625 shares

Kisan Mouldings Ltd has announced that the Board of Directors of the Company at its meeting held on October 31, 2009, inter alia, has considered and approved the Allotment of 19,51,625 Equity Shares of Rs. 10/- each against conversion of optionally convertible warrants.

The stock closed the day at Rs.47.25, up by Rs.1.15 or 2.49%. The stock hit an intraday high of Rs.47.55 and low of Rs.46.05.

The total traded quantity was 10523 compared to 2 week average of 13414.

Source : Equity Bulls

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