Sree Rayalaseema Hi-Strength Hypo allots 492506 shares

The "Board Allotment Committee" of Sree Rayalaseema Hi-Strength Hypo Ltd in its meeting held on July 13, 203 had allotted 4,92,506 Equity Shares of Rs. 10/- each at a premium of Rs. 44.62/- to one of the Promoters of the Company Viz., Gowri Gopal Hospitals Pvt Ltd in pursuance to conversion of warrants into Equity Shares in the ratio of 1:1 under II tranche.

Shares of Sree Rayalaseema Hi-Strength Hypo Ltd was last trading in BSE at Rs.24. The stock hit an intraday high of Rs.24 and low of Rs.24.

The total traded quantity was 10 compared to 2 week average of 844.

Source : Equity Bulls

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