Shri Ganesh Spinners to consider conversion of warrants on Mar 27, 2010

Shri Ganesh Spinners Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 27, 2010, to consider the Conversion of Convertible Equity Warrants that were issued on Preferential basis into Equity shares on receipt of the full consideration.

The stock was trading at Rs.12.20, down by Rs.0.12 or 0.97%. The stock hit an intraday high of Rs.12.89 and low of Rs.11.71.

The total traded quantity was 1366070 compared to 2 week average of 929010.

Source : Equity Bulls

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