Parekh Aluminex to convene EGM on Jan 25, 2013 to consider preferential issue

The Board of Directors of Parekh Aluminex Ltd at its meeting held on December 22, 2012, has considered and approved the proposal to convene Extra Ordinary General Meeting of the Members of the Company on January 25, 2013 to consider further issue of shares under the provisions of preferential issue guidelines and other applicable laws.

The Parekh Aluminex Ltd stock closed the day at Rs.297.20, down by Rs.3.90 or 1.30%. The stock hit an intraday high of Rs.301.05 and low of Rs.297.10.

The total traded quantity was 2397 compared to 2 week average of 2055.

Source : Equity Bulls

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