Shree Om Trades to consider allotment of 320000 shares on Aug 16, 2010

Shree Om Trades Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 16, 2010, for making allotment of 3,20,000 Equity Shares of Rs.10/- each at an issue price of Rs.25/- per equity share to Promoters and others, on preferential basis, in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

The stock was trading at Rs.16.95, up by Rs.0.30 or 1.80%. The stock hit an intraday high of Rs.16.95 and low of Rs.16.95.

The total traded quantity was 50 compared to 2 week average of 50.

Source : Equity Bulls

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