Camlin Fine Chemicals allots 3488208 shares on rights basis

Camlin Fine Chemicals Ltd has announced that the Rights Issue Committee of the Company at its meeting held on September 03, 2010, has allotted 34,88,208 fully paid up Equity Shares in the Share Capital of the Company of Rs. 10/- each on the basis of the scheme of allotment finalised in consultation with the Stock Exchange to the eligible Shareholders as detailed in the Allotment Register which was placed on the table and duly initialed by the Chairman for the purpose of identification.

The stock closed the day at Rs.86, up by Rs.0.35 or 0.41%. The stock hit an intraday high of Rs.86.90 and low of Rs.83.50.

The total traded quantity was 2909 compared to 2 week average of 17629.

Source : Equity Bulls

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