Aditya Ispat to consider allotment of 250000 warrants on Dec 13, 2010

Aditya Ispat Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 13, 2010 to consider Allotment of 2,50,000 Fully Convertible Warrants to be allotted on Preferential Basis in Accordance to Special Resolution passed u/s 81 (1A) of the Companies Act, 1956 in the Extra-ordinary General Meeting held on November 29, 2010.

The stock was trading at Rs.9.74, down by Rs.0.51 or 4.98%. The stock hit an intraday high of Rs.10.25 and low of Rs.9.74.

The total traded quantity was 3676 compared to 2 week average of 14028.

Source : Equity Bulls

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