Vardhman Polytex to consider preferential issue on Nov 04, 2010

Vardhman Polytex Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 04, 2010, inter alia, to consider and approve the issue of Convertible Warrants / Equity Shares to the Financial Investors pursuant to SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 on preferential basis.

The stock was trading at Rs.80.90, up by Rs.2.40 or 3.06%. The stock hit an intraday high of Rs.80.90 and low of Rs.76.90.

The total traded quantity was 799 compared to 2 week average of 54563.

Source : Equity Bulls

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