KDDL Defers Preferential allotment of Zero Coupon Convertible Warrants

KDDL Ltd has announced that the allotment of Zero Coupon Convertible Warrants on preferential basis will be deferred as the in-principle approval of the regulatory authority is pending.

The allotment will be made within prescribed time limit after getting the in-principle approval from the Stock Exchange.

The stock was trading at Rs.82, down by Rs.0.50 or 0.61%. The stock hit an intraday high of Rs.85.75 and low of Rs.79.35.

The total traded quantity was 6629 compared to 2 week average of 26033.

Source : Equity Bulls

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