Bhageria Dye Chem to consider allotment of 4.5 million shares on May 29, 2010

Bhageria Dye Chem Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 29, 2010, to consider Allotment of 45,00,000 equity shares on preferential basis, subject to receiving in principle approval for the allotment from the Stock Exchange.

The stock was trading at Rs.30.40, down by Rs.1.55 or 4.85%. The stock hit an intraday high of Rs.30.45 and low of Rs.30.40.

The total traded quantity was 1375 compared to 2 week average of 2630.

Source : Equity Bulls

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