Ind-Swift Laboratories to consider allotment of 8 million warrants on Oct 06, 2010

Ind-Swift Laboratories Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 06, 2010, to consider and approve allotment of 80,00,000 Zero Coupon Convertible Warrants (2010 Series) to Promoter Group Companies and other Bodies Corporate.

The stock was trading at Rs.143.25, up by Rs.2.30 or 1.63%. The stock hit an intraday high of Rs.146.90 and low of Rs.138.75.

The total traded quantity was 0.73 lakhs compared to 2 week average of 3.45 lakhs.

Source : Equity Bulls

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