Arrow Coated Products Closes Rights Issue

As decided by the Board of Directors of Arrow Coated Products Ltd at its meeting held on January 30, 2012, the Rights Issue of the Company, which was opened for subscription on February 21, 2012 and was scheduled to be closed on March 06, 2012, has been closed on March 06, 2012.

The Arrow Coated Products Ltdstock closed the day at Rs.9.70, up by Rs.0.06 or 0.62%. The stock hit an intraday high of Rs.10.12 and low of Rs.9.70.

The total traded quantity was 20702 compared to 2 week average of 3709.

Source : Equity Bulls

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