Nutraplus Products approves allotment of 375000 shares

Nutraplus Products India Ltd has announced that the Board of Directors of the Company at its meeting held on October 15, 2010, has considered and approved the allotment of 3,75,000 Equity Shares of Rs. 10/- each to the holders of the Share Warrants on exercise of right by the Warrant Holders attached with the said Warrants.

The stock closed the day at Rs.18.70, up by Rs.1.70 or 10%. The stock hit an intraday high of Rs.18.75 and low of Rs.16.30.

The total traded quantity was 112 compared to 2 week average of 1480.

Source : Equity Bulls

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