Everonn Education approves allotment of 4 million OCDs

Everonn Education Ltd has announced that the Board of Directors of the Company at its meeting held on August 31, 2010 have approved the allotment of 6% 40,00,000 Optionally Convertible Debentures on preferential basis to SKIL Infrastructure Ltd.

The stock closed the day at Rs.568.40, down by Rs.9.45 or 1.64%. The stock hit an intraday high of Rs.577.85 and low of Rs.562.

The total traded quantity was 0.36 lakhs compared to 2 week average of 1.15 lakhs.

Source : Equity Bulls

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