Shiva Cement approves allotment of 10 million warrants

Shiva Cement Ltd has announced that the Board of Directors of the Company at its meeting held on January 23, 2010, inter alia, has approved the allotment of 10 Mn. Equity Share Warrants to Promoter Group has been deferred to next Board meeting due to pending approval from the Stock Exchanges.

The Board approved filing application for listing of Equity Shares at NSE (National Stock Exchange).

The Stock was trading at Rs.8.80, up by Rs.0.17 or 1.97%. The stock hit an intraday high of Rs.8.98 and low of Rs.8.40.

The total traded quantity was 319572 compared to 2 week average of 340382.

Source : Equity Bulls

Keywords