The approved issue of 2,00,000 6% Optionally Convertible Debentures to Balu Forge Private Limited on preferential basis aggregating to Rs. 20,00,00,000 (Rupees twenty crores) stands cancelled due to the non receipt of money from the proposed investor within the prescribed time. The Board of Directors at their meeting held on 8th February, 2019 had noted the same.
Shares of HILTON METAL FORGING LTD. was last trading in BSE at Rs.22.45 as compared to the previous close of Rs. 23.5. The total number of shares traded during the day was 6403 in over 56 trades.
The stock hit an intraday high of Rs. 23.9 and intraday low of 22.45. The net turnover during the day was Rs. 146543.