Nissan Copper allots 14421000 shares

Nissan Copper Ltd has announced that the Board of Directors of the Company at its meeting held on March 16, 2010, inter alia, have allotted 14421000 Equity Shares of Rs. 10/- each at a premium of Rs. 4/- each, pursuant to conversion of 14421000 Fully Convertible Equity Share Warrants out of total outstanding 23300000 Fully Convertible Equity Share Warrants issued in the Extra-Ordinary General Meeting held on May 14, 2009.

The stock was trading at Rs.38.60, up by Rs.0.30 or 0.78%. The stock hit an intraday high of Rs.39 and low of Rs.37.05.

The total traded quantity was 3195 compared to 2 week average of 13027.

Source : Equity Bulls

Keywords