HCL Infosystems Ltd has announced that the Committee of Directors (Securities) of the Company at its meeting held on October 29, 2009, has approved the allotment of 1,64,38,848 Equity Shares of Rs. 2/- each at a price of Rs. 152.90 per Equity Share (including a premium of Rs. 150.69 per Equity Share), on receipt of balance 75% subscription money @ 114.675 per Warrant (25% subscription money @ Rs. 38.225 was received before allotment) aggregating to Rs. 1885124894.40 to the Promoters of the Company on Preferential basis under Chapter VII of the SEBI Regulations.
The stock closed the day at Rs.157.70, down by Rs.1.25 or 0.79%. The stock hit an intraday high of Rs.161 and low of Rs.152.80.
The total traded quantity was 46506 compared to 2 week average of 252851.
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Union Budget