Cerebra Integrated Technologies to consider conversion of warrants

The Board of Directors of Cerebra Integrated Technologies Ltd at its meeting held on July 20, 2012, proceeded to allot 3742500 Equity Shares of Rs. 10/- each at a premium of Rs. 18.54 each to promoters and Strategic Investors on Preferential basis, upon exercise of options by the Warrant holders.

The Cerebra Integrated Technologies Ltd stock was trading at Rs.27.90, down by Rs.0.70 or 2.45%. The stock hit an intraday high of Rs.28.40 and low of Rs.27.65.

The total traded quantity was 7051 compared to 2 week average of 118968.

Source : Equity Bulls

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