Sharyans Resources allots 25 lakh shares at Rs.75

Pursuant to the approval of the shareholders under Section 81(1A) through Postal Ballot on December 19, 2012, the Board of Directors of Sharyans Resources Ltd at its meeting held on January 03, 2013 has allotted of 25,00,000 equity shares (Twenty Five Lacs) on a preferential basis at Rs.75/- per share (including premium @ Rs.65/- per share) on non-repatriation basis to Mr. Pishu V. Chainani (NRI).

The Sharyans Resources Ltd stock was trading at Rs.52.50, down by Rs.1 or 1.87%. The stock hit an intraday high of Rs.54.50 and low of Rs.52.50.

The total traded quantity was 1929 compared to 2 week average of 9399.

Source : Equity Bulls

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