ICSA India allots 30 lakh warrants

ICSA (India) Ltd has announced that pursuant to the shareholders approval accorded at the Annual General Meeting of the Company held on July 30, 2010, the Board of Directors at their meeting held on August 12, 2010, have allotted 30,00,000 Fully Convertible Warrants (FCWs) of Rs. 10/- each on preferential basis at an issue price of Rs. 145/- per warrant to Mrs. G Lalitha (25,00,000 warrants) and Shreyash Commercial Pvt. Ltd (5,00,000 warrants).

The stock was trading at Rs.128.30, down by Rs.1.50 or 1.16%. The stock hit an intraday high of Rs.130.20 and low of Rs.127.05.

The total traded quantity was 100302 compared to 2 week average of 136099.

Source : Equity Bulls

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