Allied Digital approves allotment of 2 lakh warrants

Allied Digital Services Ltd has announced that the Management Committee the Board of Directors of the Company at its meeting held on January 06, 2010, inter alia, has approved the allotment of 2,00,000 Warrants convertible into Equity Shares of Rs. 5/- each to Bennett, Coleman and Company Ltd. ("BCCL") on Preferential Allotment basis.

The stock was trading at Rs.233.70, down by Rs.0.50 or 0.21%. The stock hit an intraday high of Rs.238 and low of Rs.231.20.

The total traded quantity was 13554 compared to 2 week average of 53304.

Source : Equity Bulls

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