Jyoti Structures to raise Rs 125 crores

Jyoti Structures Ltd has announced that the Board of Directors of the Company at its meeting held on February 15, 2010, has accorded its consent to the offer and issue of non convertible debentures with detachable warrants aggregating to an amount not exceeding Rs. 1,250 million (Rupees one thousand two hundred and fifty million) to the equity shareholders of the Company on a right basis.

The stock closed the day at Rs.170.95, up by Rs.4.05 or 2.43%. The stock hit an intraday high of Rs.176.90 and low of Rs.168.55.

The total traded quantity was 82656 compared to 2 week average of 72493.

Source : Equity Bulls

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