Country Club India allots 3 crore Convertible Warrants

Country Club India Ltd has announced that the Board of Directors of the Company has allotted 3,00,00,000 convertible warrants to M/s Zen Garden Hotel Pvt Ltd, a company registered under the companies Act, 1956 and belonging to the promoter group of the Company by way of Circular resolution on July 13, 2010 consequent to the resolution passed by the shareholders in the Extra-Ordinary General Meeting held on April 30, 2010.

The stock was trading at Rs.19.60, up by Rs.0.40 or 2.08%. The stock hit an intraday high of Rs.19.95 and low of Rs.19.35.

The total traded quantity was 349665 compared to 2 week average of 336240.

Source : Equity Bulls

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