Country Club allots 7694001 shares

Country Club India Ltd has announced that the Board of Directors of the Company at its meeting held on March 30, 2010, have allotted 76,94,001 Equity Shares of Rs. 2/- each at the rate of Rs. 16.26 per Equity Share on conversion of 54,95,715 Warrants of Rs. 22.76 each out of 86,00,000 Warrants.

The stock closed the day at Rs.19.05, down by Rs.0.10 or 0.52%. The stock hit an intraday high of Rs.19.35 and low of Rs.18.10.

The total traded quantity was 1225764 compared to 2 week average of 671252.

Source : Equity Bulls

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