Ankur Drugs to consider allotment of shares on conversion of FCCBs on Nov 13, 2009

Ankur Drugs and Pharma Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 13, 2009, inter alia, to consider the Issue and Allotment of Equity Shares to Merrill Lynch Capital Markets Espana S.A, SV on conversion of 1000 Zero Coupon FCCB of USD 1000 each.

The stock was trading at Rs.203.25, down by Rs.1.25 or 0.61%. The stock hit an intraday high of Rs.210.45 and low of Rs.203.10.

The total traded quantity was 10023 compared to 2 week average of 44849.

Source : Equity Bulls

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