Supertex Industries to consider fund raising on July 13, 2010

Supertex Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 13, 2010, inter alia, to consider to issue further capital by way of Securities convertible into equity shares/preferential issue of convertible bonds/fully or partly convertible debentures/securities/any other domestic/international offering of capital as the Board may consider fit.

The stock was trading at Rs.1.22, down by Rs.0.06 or 4.69%. The stock hit an intraday high of Rs.1.22 and low of Rs.1.22.

The total traded quantity was 500266 compared to 2 week average of 5718360.

Source : Equity Bulls

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