Sesa Goa allots 8814567 shares pursuant to conversion of FCCBs

Sesa Goa Ltd has announced that the Committee of Board of Directors, at its meeting held on April 05, 2010, allotted 88,14,567 equity shares of Re. 1/- each under as per request received for conversion of FCCBs from bondholders.

The paid-up equity share capital of the Company would stand at Rs. 83,97,76,369 consisting 83,97,76,369 equity shares of Re. 1/- each after the approval of the allotment.

The stock closed the day at Rs.474.60, up by Rs.2.10 or 0.44%. The stock hit an intraday high of Rs.476 and low of Rs.470.

The total traded quantity was 540365 compared to 2 week average of 974930.

Source : Equity Bulls

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