A Meeting of the Board of Directors of Elecon Engineering Company Limited held on Monday, 10th December, 2018 at Vallabh Vidyanagar, had approved to delegate the powers to the Management Committee of the Company for finalizing, negotiating, deciding terms and conditions and executing necessary documents with various authorities and to do all other things, acts required for issue and allotment of Listed Secured Redeemable Non-Convertible Debentures upto Rs. 150.00 Crores in one or more tranches on private placement basis.
Shares of ELECON ENGINEERING CO.LTD. was last trading in BSE at Rs.57.15 as compared to the previous close of Rs. 57.25. The total number of shares traded during the day was 22340 in over 191 trades.
The stock hit an intraday high of Rs. 58.2 and intraday low of 56.3. The net turnover during the day was Rs. 1288337.