Suryavanshi Spinning Postpones Committee Meeting to allot shares

Suryavanshi Spinning Mills Ltd has announced that due to certain unavoidable circumstances, the Meeting of the Committee of Directors, to allot 19,50,000 Equity Shares of Rs. 10/- each at a price of Rs. 15/- (including premium of Rs. 5/- per share) on preferential basis to non-promoters M/s. Westend Developers Ltd., which was scheduled to be held on November 11, 2009 is postponed to November 18, 2009.

The stock was trading at Rs.11.85, up by Rs.0.33 or 2.86%. The stock hit an intraday high of Rs.11.85 and low of Rs.11.65.

The total traded quantity was 300 compared to 2 week average of 1449.

Source : Equity Bulls

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