Aksh Optifibre Ltd allots 27,96,849 shares on conversion of FCCBs

The Committee of Board of Directors of Aksh Optifibre Ltd in its meeting held on July 05, 2012 has allotted 27,96,849 equity shares of Rs. 5/- each, pursuant to the conversion of FCCBs aggregating USD 1.205 Mn. out of FCCBs aggregating to USD 1.205 Mn issued on June 01, 2012.

The Aksh Optifibre Ltd stock closed the day at Rs.16.15, up by Rs.0.10 or 0.62%. The stock hit an intraday high of Rs.16.40 and low of Rs.15.40.

The total traded quantity was 0.23 lakhs compared to 2 week average of 0.60 lakhs.

Source : Equity Bulls

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