Dish TV allots 117035000 shares

Dish TV India Ltd has announced that the Issue Committee of the Board of Directors of the Company at its meeting held on November 30, 2009, has approved the allotment of 117,035,000 equity shares of face value of Re. 1 in the form of 117,035 Global Depository Receipts (with each GDR representing 1,000 equity shares) in accordance with applicable laws.

The stock was trading at Rs.39.60, up by Rs.0.55 or 1.41%. The stock hit an intraday high of Rs.40.55 and low of Rs.39.40.

The total traded quantity was 826541 compared to 2 week average of 2177186.

Source : Equity Bulls

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