Supreme Tex Mart approves issue of 91 lakh shares

Supreme Tex Mart Ltd has announced that the Board of Directors of the Company at its meeting held on December 07, 2010, has approved issue of 91,00,000 Equity shares to M/s. Sindia Investment Group PTE Ltd, Singapore on preferential basis subject to the approval of shareholders.

An Extra-Ordinary General Meeting is convened on January 06, 2011 to seek approval of the Shareholders for aforementioned purpose.

The stock was trading at Rs.15, down by Rs.0.75 or 4.76%. The stock hit an intraday high of Rs.15 and low of Rs.15.

The total traded quantity was 600 compared to 2 week average of 2210.

Source : Equity Bulls

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