Shri Ganesh Spinners to consider conversion of warrants on Feb 23, 2010

Shri Ganesh Spinners Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 23, 2010, inter alia, to discuss conversion of Convertible Equity Warrants into Equity Shares to such Allottees from whom the full payment has been received.

The Board will also consider change of Registrar and Share Transfer Agent of the Company.

The stock closed the day at Rs.14.51, up by Rs.0.69 or 4.99%. The stock hit an intraday high of Rs.14.51 and low of Rs.13.90.

The total traded quantity was 110760 compared to 2 week average of 186756.

Source : Equity Bulls

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