Choksi Laboratories allots 1235663 Warrants

Choksi Laboratories Ltd has announced that the Company has allotted 12,35,663 (Twelve Lacs Thirty Five Thousand Six hundred & Sixty Three Only) convertible equity warrants on preferential basis in the meeting of Board of Directors held on April 17, 2010.

The allottees include Khyati Choksi (Individual - Promoter) - 301263, Unique Powergen Consultant Pvt Ltd (Body Corporate Investor - Non-promoter) - 467200 and Quest Laboratories Pvt Ltd (Body Corporate Investor - Non-promoter) - 467200 warrants.

The stock was trading at Rs.22.40, down by Rs.0.45 or 1.97%. The stock hit an intraday high of Rs.23.45 and low of Rs.22.30.

The total traded quantity was 2758 compared to 2 week average of 15632.

Source : Equity Bulls

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