Syschem India approves forfeiture of 1202000 shares

Syschem India Ltd has announced that the Board of Directors of the Company at its meeting held on March 27, 2010, has approved the forfeiture of 12,02,000 Equity Shares of the Company.

The stock was trading at Rs.1.05, down by Rs.0.04 or 3.67%. The stock hit an intraday high of Rs.1.10 and low of Rs.1.04.

The total traded quantity was 86038 compared to 2 week average of 80433.

Source : Equity Bulls

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