FCS Software Solutions allots 18 crore warrants

FCS Software Solutions Ltd has announced that the Board of Directors of the Company at its meeting held on October 26, 2010, inter alia, has allotted 18,00,00,000 (Eighteen Crores) Preferential convertible warrants to M/s. Zero Time Constructions Pvt. Ltd. pursuant to SEBI (ICDR) Regulations, 2009.

The stock was trading at Rs.2.03, up by Rs.0.01 or 0.50%. The stock hit an intraday high of Rs.2.04 and low of Rs.2.02.

The total traded quantity was 20.43 lakhs compared to 2 week average of 91.02 lakhs.

Source : Equity Bulls

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