Jubilant Organosys to consider raising funds on Jan 21, 2010

Jubilant Organosys Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 21, 2010, inter alia, to consider raising of additional capital through issue of Equity / FCCBs / GDRs / ADRs / other securities to any person or issue to Qualified Institutional Buyers.

The stock closed the day at Rs.342.75, down by Rs.1.30 or 0.38%. The stock hit an intraday high of Rs.347 and low of Rs.341.25.

The total traded quantity was 17447 compared to 2 week average of 63749.

Source : Equity Bulls

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