Rathi Steel & Power to consider conversion of warrants on Mar 31, 2010

Rathi Steel & Power Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 31, 2010, inter alia, to consider the conversion of warrants issued to promoters group and strategic investors.

The stock was trading at Rs.18.50, up by Rs.0.25 or 1.37%. The stock hit an intraday high of Rs.18.85 and low of Rs.18.25.

The total traded quantity was 1557 compared to 2 week average of 18065.

Source : Equity Bulls

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