Saamya Biotech allots 1.5 crore convertible warrants

Saamya Biotech India Ltd has announced that the Board of Directors of the Company at its meeting held on February 27, 2010, have allotted 1,50,00,000 Convertible Warrants of Rs. 10/- each (Rupees ten only) at a premium of Rs. 0.50 per warrant to the promoters and / or promoters group.

The stock was trading at Rs.8.96, up by Rs.0.42 or 4.92%. The stock hit an intraday high of Rs.8.96 and low of Rs.8.80.

The total traded quantity was 9479 compared to 2 week average of 21131.

Source : Equity Bulls

Keywords