Shri Ganesh Spinners to consider preferential issue on Jan 25, 2010

Shri Ganesh Spinners Ltd has announced that a Meeting of the Board of Directors of the Company will be held on January 25, 2010, to allot the Convertible Equity Warrants issued on preferential basis to the various Allottees, who are e1igible for the said Allotment in pursuance to the resolution passed in the Extra Ordinary General Meeting of the Company, held on December 29, 2009.

The stock was trading at Rs.10.93, down by Rs.0.57 or 4.96%. The stock hit an intraday high of Rs.10.93 and low of Rs.10.93.

The total traded quantity was 41124 compared to 2 week average of 153324.

Source : Equity Bulls

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