Ad-Manum Finance to allot 4500000 shares

Ad-Manum Finance Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 17, 2011, to allot 4,500,000 Equity Shares on preferential basis at a price of Rs. 30/- per equity Share (including a premium of Rs. 20/- per share).

The stock closed the day at Rs.26.60, down by Rs.2.35 or 8.12%. The stock hit an intraday high of Rs.29 and low of Rs.26.60.

The total traded quantity was 200 compared to 2 week average of 338.

Source : Equity Bulls

Keywords