A meeting of the Board of Directors of Man Industries (India) Ltd. (MIIL), is scheduled to be held on 13th June'2018, to discuss on the disinvestment/sale of its shares held in its wholly owned subsidiary Merino Shelters Pvt. Ltd. and also to discuss and decide on strategy for fixing Record Date in consultation with Board of Man Infraprojects Ltd. (MIPL), a wholly owned subsidiary of Company (MIIL), for the purpose of issue of free shares by MIPL to all the shareholders of MIIL as on the Record Date, in the ratio of 1:1 as per the Scheme of arrangement as sanctioned by Hon'ble Bombay High Court on 20th March'2015.
Shares of MAN INDUSTRIES (INDIA) LTD. was last trading in BSE at Rs.120.1 as compared to the previous close of Rs. 115.5. The total number of shares traded during the day was 19086 in over 217 trades.
The stock hit an intraday high of Rs. 121 and intraday low of 114.85. The net turnover during the day was Rs. 2278414.