Nutraplus Products allots 320000 shares, 825000 warrants

Nutraplus Products India Ltd has announced that the Board of Directors of the Company at its meeting held on March 22, 2010, inter alia, approved the Allotment of 3,20,000 Equity shares and 8,25,000 convertible warrants issued on Preferential Basis, in accordance with the approval sought from the members of the Company at their EOGM held on March 11, 2010.

The stock closed the day at Rs.24.30, down by Rs.0.40 or 1.62%. The stock hit an intraday high of Rs.25.45 and low of Rs.24.30.

The total traded quantity was 15389 compared to 2 week average of 39589.

Source : Equity Bulls

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