Rajath Finance allots 400000 Convertible Warrants on preferential basis

Rajath Finance Ltd has announced that the Board of Directors of the Company has allotted 4,00,000 convertible warrants of Rs. 300/- each to M/s. N. K. Chem Plast Pvt. Ltd. on preferential basis on October 18, 2010.

The stock was trading at Rs.229.10, up by Rs.0.10 or 0.04%. The stock hit an intraday high of Rs.233.65 and low of Rs.229.

The total traded quantity was 1376 compared to 2 week average of 1129.

Source : Equity Bulls

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