At the meeting of the Board of Directors of Lincoln Pharmaceuticals Limited held on today, i.e. September 19, 2019, the board considered and approved the scheme of amalgamation between Lincoln Parenteral Limited ("Transferor Company") and Lincoln Pharmaceuticals Limited ("Transferee Company") ("Scheme"), subject to all requisite approval. The Appointed Date for the Scheme is April 01, 2019.
Shares of LINCOLN PHARMACEUTICALS LTD. was last trading in BSE at Rs.149.15 as compared to the previous close of Rs. 152.6. The total number of shares traded during the day was 1896 in over 50 trades.
The stock hit an intraday high of Rs. 152 and intraday low of 148.75. The net turnover during the day was Rs. 285890.