Vardhman Polytex to approve conversion of warrants on Sep 21, 2010

Vardhman Polytex Ltd has announced that a meeting of the Board of Directors of the Company will be held on September 21, 2010, inter alia. to consider and approve the allotment of Equity Shares to the Warrant holders on conversion of the Warrants.

The stock closed the day at Rs.63.30, down by Rs.1.90 or 2.91%. The stock hit an intraday high of Rs.65.50 and low of Rs.63.

The total traded quantity was 2184 compared to 2 week average of 13486.

Source : Equity Bulls

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