Shalimar Productions to consider preferential issue on Nov 19, 2010

Shalimar Productions Ltd has announced that a meeting of the Board of Directors of the Company to be held on November 19, 2010, inter alia, to consider issue of Equity Shares / Warrants convertible into Equity Shares to Promoters and others on preferential basis.

The stock closed the day at Rs.1.36, down by Rs.0.15 or 9.93%. The stock hit an intraday high of Rs.1.66 and low of Rs.1.36.

The total traded quantity was 1.41 lakhs compared to 2 week average of 0.71 lakhs.

Source : Equity Bulls

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