Rasoya Proteins to consider warrants issue on Nov 03, 2010

Rasoya Proteins Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 03, 2010, to consider the allotment of 1 Crore Equity Shares Warrants of Rs. 10/- each at premium of Rs. 26/- per equity share warrants convertible into equal number of Equity shares to promoters and other than promoters on preferential basis.

The stock was trading at Rs.91.85, up by Rs.0.70 or 0.77%. The stock hit an intraday high of Rs.93.80 and low of Rs.90.10.

The total traded quantity was 4100 compared to 2 week average of 28633.

Source : Equity Bulls

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