Aditya Birla Nuvo allots 43 Equity Shares

Aditya Birla Nuvo Ltd has announced that in terms of authority granted by the Board of Directors vide its resolution dated April 30, 2008, the concerned Director / officer of the Company have approved allotment of 43 equity shares (out of the Right Shares 2007 which were issued in the ratio of 2:17) which were kept in abeyance.

The above equity shares shall rank in pari-passu in all respects with the existing equity shares of the Company, including dividend, if any.

The stock was trading at Rs.821.80, down by Rs.12.10 or 1.45%. The stock hit an intraday high of Rs.838.40 and low of Rs.819.10.

The total traded quantity was 0.26 lakhs compared to 2 week average of 0.20 lakhs.

Source : Equity Bulls

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