Enkei Wheels to issue CCPS to promoters on preferential basis

A meeting of the Board of Directors of Enkei Wheels (India) Ltd will be held on July 29, 2013, to consider issue of Compulsory Convertible Preference shares to its Promoters on Preferential basis.

Shares of Enkei Wheels (India) Ltd was last trading in BSE at Rs.49.35, up by Rs.2.35 or 5%. The stock hit an intraday high of Rs.49.35 and low of Rs.49.35.

The total traded quantity was 5 compared to 2 week average of 119.

Source : Equity Bulls

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