Visesh Infotecnics allots 68 lakh shares

Visesh Infotecnics Ltd has announced that the Board of Directors of the Company at its meeting held on March 18, 2010, has alloted 68,00,000 Equity Shares of Rs. 10/- each on conversion of 68,00,000 Warrants issued under in principle approval on August 19, 2009.

The allottees include Mr. Peeyush Aggarwal - 40,00,000 shares and Pataliputra International Ltd - 28,00,000 shares.

The stock was trading at Rs.6.10, down by Rs.0.04 or 0.65%. The stock hit an intraday high of Rs.6.23 and low of Rs.6.05.

The total traded quantity was 4987 compared to 2 week average of 18283.

Source : Equity Bulls

Keywords