CCAP to consider raising funds on Feb 26, 2010

CCAP Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 26, 2010, inter alia, to consider the proposal to raise resources for the growth of the Company by way of fresh issue of equity shares/warrants/ etc. or any combination thereof to promoters, domestic investors, institutional buyers, FIIs, NRI's and corporate bodies etc. on preferential allotment basis in compliance with chapter VII of Securities and Exchange Board of India (issue of capital and disclosure requirements) Regulations 2009.

The stock was trading at Rs.88.85, down by Rs.4.65 or 4.97%. The stock hit an intraday high of Rs.94 and low of Rs.88.85.

The total traded quantity was 2543 compared to 2 week average of 7071.

Source : Equity Bulls

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