Crew B.O.S. Products to consider conversion of warrants

Crew B.O.S. Products Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 30, 2010, to consider and approve the allotment of equity share due to the conversion of preferential warrants allotted on preferential basis to promoter and promoter group companies and other private investors.

The stock closed the day at Rs.183.50, down by Rs.5.65 or 2.99%. The stock hit an intraday high of Rs.193.80 and low of Rs.181.50.

The total traded quantity was 0.61 lakhs compared to 2 week average of 1.71 lakhs.

Source : Equity Bulls

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