IOL Chemicals to consider issue of securities on Dec 10, 2009

IOL Chemicals & Pharmaceuticals Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 10, 2009, inter alia, to consider the preferential issue of shares / warrants to the promoters / promoter group Companies / associates.

The stock was trading at Rs.53.95, up by Rs.0.80 or 1.51%. The stock hit an intraday high of Rs.54..50 and low of Rs.52.80.

The total traded quantity was 58604 compared to 2 week average of 113143.

Source : Equity Bulls

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