Shree Om Trades to consider allotment of 40 lakh shares on Nov 25, 2010

Shree Om Trades Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 25, 2010 for making allotment of 40,00,000 Equity Shares of Rs. 10/- each at an issue price of Rs. 30/- per equity share to Promoters and others, on preferential basis, in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.

The stock last traded on June 15, 2010 at Rs.16.95, up by Rs.0.30 or 1.80%. The stock hit an intraday high of Rs.16.95 and low of Rs.16.95.

The total traded quantity was 50 compared to 2 week average of 50.

Source : Equity Bulls

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