Explicit Finance to consider conversion of warrants on July 31, 2012

A meeting of the Board of Directors of Explicit Finance Ltd will be held on July 31, 2012, to consider and take on record the Unaudited Financial Results (Provisional) for the Quarter ended June 30, 2012.

The Board will consider allotment of Equity shares on conversion of Warrants which were allotted earlier to Promoters and Non Promoters on Preferential Basis.

The Explicit Finance Ltd stock was trading at Rs.8.67, up by Rs.0.17 or 2%. The stock hit an intraday high of Rs.8.67 and low of Rs.8.66.

The total traded quantity was 2275 compared to 2 week average of 2676.

Source : Equity Bulls

Keywords