Channel Guide India to consider conversion of warrants on Dec 06, 2010

Channel Guide India Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 06, 2010, inter alia, to allot Equity shares in lieu of Convertible Equity Warrants from whom full payment towards conversion of Warrants have been received.

The stock closed the day at Rs.12.02, down by Rs.0.24 or 1.96%. The stock hit an intraday high of Rs.12.69 and low of Rs.12.01.

The total traded quantity was 0.45 lakhs compared to 2 week average of 0.57 lakhs.

Source : Equity Bulls

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