Ador Multiproducts to consider conversion of warrants on Mar 30, 2010

Ador Multiproducts Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 30, 2010, for consideration of conversion of the first tranche of equity warrant in to equity share of the Company in accordance with the provisions of Issue of Capital and disclosure requirements 2009/SEBI (DIP) Guidelines, 2000 read with SEBI (Substantial acquisition of Shares and Takeover regulations).

The stock was trading at Rs.15.15, down by Rs.0.30 or 1.94%. The stock hit an intraday high of Rs.15.15 and low of Rs.15.15.

The total traded quantity was 100 compared to 2 week average of 1617.

Source : Equity Bulls

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