Sesa Goa allots 2034128 shares pursuant to conversion of FCCBs

Sesa Goa Ltd has announced that the Committee of Board of Directors, at its meeting held on January 14, 2010, allotted 20,34,128 equity shares of Re. 1/- each under as per request received for conversion of FCCBs from bondholders.

The paid-up equity share capital of the Company would stand at Rs. 82,25,48,528 consisting 82,25,48,528 equity shares of Re. 1/- each after the approval of the allotment.

The stock was trading at Rs.404.85, down by Rs.1.10 or 0.27%. The stock hit an intraday high of Rs.410.90 and low of Rs.401.

The total traded quantity was 750747 compared to 2 week average of 965149.

Source : Equity Bulls

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