JMA Industries issues preference shares

JMA Industries Ltd has announced that the Company has issued 500,000-0.000000 1% non-convertible redeemable non-cumulative preference shares of Rs 100/- each for cash at a premium of Rs 400/- to M/s. Reinhold Poersch Gmbh, Germany, the Holding Company.

The stock closed the day at Rs.80, down by Rs.1 or 1.23%. The stock hit an intraday high of Rs.81 and low of Rs.76.05. The total traded quantity was 1017 compared to 2 week average of 681.

Source : Equity Bulls

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