Neha International to consider preferential issue on Mar 29, 2010

Neha International Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 29, 2010, inter alia, to consider allotment of convertible share warrants/Equity shares to promoters and others.

The Board will also consider investment in wholly owned subsidiaries.

The stock closed the day at Rs.154.35, up by Rs.2.40 or 1.58%. The stock hit an intraday high of Rs.157.30 and low of Rs.148.10.

The total traded quantity was 220739 compared to 2 week average of 153405.

Source : Equity Bulls

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