Tantia Constructions allots 8 lakh shares

Tantia Constructions Ltd has announced that the Committee of Directors of the Company at its meeting held on March 27, 2010, has issued and allotted 8,00,000 Equity Shares of Rs. 10/- each at a premium of Rs. 79.12 per share pursuant to Conversion Notice(s) received from the Warrant holder(s) for conversion of 8,00,000 Warrants.

Consequently, the Paid-up capital of the Company has increased from Rs. 15,71,30,660 to Rs 16,51,30,660 by addition of 8,00,000 Equity Shares of Rs. 10 each.

The stock was trading at Rs.118.25, down by Rs.0.15 or 0.13%. The stock hit an intraday high of Rs.119.90 and low of Rs.117.65.

The total traded quantity was 6999 compared to 2 week average of 44862.

Source : Equity Bulls

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