Ranklin Solutions to issue 25 lakh warrants

Ranklin Solutions Ltd has announced that the Board of Directors of the Company at its meeting held on February 22, 2010, inter alia, has considered proposal to issue 25,00,000 Share warrants / convertible bonds/securities on preferential basis to Promoters, Persons Acting in Concert and Other Related Persons.

The stock closed the day at Rs.54, down by Rs.1.35 or 2.44%. The stock hit an intraday high of Rs.56.50 and low of Rs.54.

The total traded quantity was 176690 compared to 2 week average of 186305.

Source : Equity Bulls

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