Kreon Finnancial to consider increase in authorised capital on Nov 20, 2009

Kreon Finnancial Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 20, 2009, inter-alia, to consider the decision of Increase in Authorised Share Capital of the Company, and further issue of capital by way of preferential offer of the Company.

The stock last traded at Rs.5.04, up by Rs.0.24 or 5%. The stock hit an intraday high of Rs.5.04 and low of Rs.5.04.

The total traded quantity was 1600 compared to 2 week average of 2067.

Source : Equity Bulls

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