Nutraplus Products India to consider allotment of 320000 shares on Mar 22, 2010

Nutraplus Products India Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 22, 2010, inter alia, to consider the allotment of 3,20,000 Equity Shares and 8,25,000 Optionally Fully Convertible Warrants on preferential basis to the promoters and persons /entities of the promoter group of the Company in accordance with the SEBI (Issue of Capital and Disclosure) Regulations, 2009.

The stock closed the day at Rs.23.55, up by Rs.0.60 or 2.61%. The stock hit an intraday high of Rs.24.05 and low of Rs.21.95.

The total traded quantity was 56577 compared to 2 week average of 42269.

Source : Equity Bulls

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