Amtek Auto allots 856923 Equity Shares

Amtek Auto Ltd has announced that Allotment Committee of the Board of Directors of the Company in their meeting held on May 01, 2010, have allotted 8,56,923 equity shares at Rs. 148.40/- per shares upon the conversion of FCCBs of US $ 2.615 million.

The stock was trading at Rs.186.90, up by Rs.0.90 or 0.48%. The stock hit an intraday high of Rs.190 and low of Rs.186.50.

The total traded quantity was 37171 compared to 2 week average of 774318.

Source : Equity Bulls

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