Bombay Dyeing to consider preferential issue of warrants on Feb 10, 2010

Bombay Dyeing & Manufacturing Company Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 10, 2010, inter alia, to consider and approve a proposal for issue of Warrants to Promoters on a preferential basis in terms of Chapter VII of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.

The stock was trading at Rs.518.10, down by Rs.3.70 or 0.71%. The stock hit an intraday high of Rs.527.80 and low of Rs.503.50.

The total traded quantity was 343133 compared to 2 week average of 351818.

Source : Equity Bulls

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