REI Six Ten Retail approves preferential issue of Rs.20 crores

REI Six Ten Retail Ltd has announced that the Board of Directors of the Company at its meeting held on November 25, 2010, has given in-principle approval to issue equity shares on preferential basis up to an amount of Rs. 20 Crore subject to approval of shareholders in their general meeting.

The stock closed the day at Rs.71.05, down by Rs.3.55 or 4.76%. The stock hit an intraday high of Rs.76.20 and low of Rs.71.

The total traded quantity was 4304 compared to 2 week average of 10874.

Source : Equity Bulls

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