Decolight Ceramics to consider preferential issue on Aug 30, 2010

Decolight Ceramics Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 30, 2010, inter alia, to consider the option for offer, issue, and allotment of Equity Shares on preferential basis under SEBI (ICDR) Regulations, 2009.

The Board will also consider the calling of 11th Annual General Meeting of members of the Company and to consider and approve the ordinary and special businesses that are to be transacted in the AGM.

The stock closed the day at Rs.10.30, down by Rs.0.41 or 3.83%. The stock hit an intraday high of Rs.10.75 and low of Rs.10.21.

The total traded quantity was 0.30 lakhs compared to 2 week average of 0.47 lakhs.

Source : Equity Bulls

Keywords