Nagarjuna Agri Tech converts 424000 warrants

Nagarjuna Agri Tech Ltd has announced that the Board of Directors of the Company at its meeting held on January 11, 2010, has converted 4,24,000 convertible share warrants into equity shares of Rs. 10/- each and allotted equity shares in lieu of convertible share warrants to Subhkam Ventures (I) Pvt. Ltd.

The stock was trading at Rs.5.82, up by Rs.0.27 or 4.86%. The stock hit an intraday high of Rs.5.82 and low of Rs.5.82.

The total traded quantity was 28000 compared to 2 week average of 2060.

Source : Equity Bulls

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