JIK Industries updates on FCB issue

JIK Industries Ltd has announced that the Board of Directors of the Company at its meeting held on October 25, 2010, inter alia, has noted that part of the Fully Convertible Bonds (FCB's) issued to promoters / associates have been fully paid up while FCB's issued to other than promoters / associates have been fully paid up.

The stock was trading at Rs.15.17, up by Rs.0.57 or 3.90%. The stock hit an intraday high of Rs.15.70 and low of Rs.14.30.

The total traded quantity was 0.78 lakhs compared to 2 week average of 0.76 lakhs.

Source : Equity Bulls

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