Amar Remedies to consider preferential issue on Nov 23, 2009

Amar Remedies Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 23, 2009, to consider the issue of Warrants/Equity Shares on Preferential Basis to promoters.

The Board will also approve Notice & Directors' Report for the year ended June 30, 2009.

The stock was trading at Rs.41.35, up by Rs.0.65 or 1.60%. The stock hit an intraday high of Rs.41.70 and low of Rs.40.80.

The total traded quantity was 13835 compared to 2 week average of 89189.

Source : Equity Bulls

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