Rathi Steel & Power to consider conversion of 2315000 warrants on Jun 29, 2010

Rathi Steel & Power Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 29, 2010, to consider conversion of 23,15,000 convertible warrants in 23,15,000 equity shares of the Company.

The stock was trading at Rs.21.95, up by Rs.0.35 or 1.62%. The stock hit an intraday high of Rs.22.20 and low of Rs.21.85.

The total traded quantity was 11626 compared to 2 week average of 12064.

Source : Equity Bulls

Keywords