Venus Remedies receives RBI approval for FCCB rollover

Venus Remedies Ltd has announced that the Company has received approval from the Reserve Bank of India for rollover of FCCB USD 5mn, with YTM @4% with maturity till February 15, 2015.

The stock closed the day at Rs.258.45, down by Rs.5.95 or 2.25%. The stock hit an intraday high of Rs.261 and low of Rs.255.10.

The total traded quantity was 4324 compared to 2 week average of 12691.

Source : Equity Bulls

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