Malabar Trading Company to allot warrants

At the Meeting of the Board of Directors of Malabar Trading Company Ltd held on November 20, 2013 and the approval of the shareholders on meeting held on August 13, 2013 it has been decided to allot 12890000 (One Crore Twenty Eight Lacs Ninety Thousand) Convertible Warrants on preferential basis to other then promoter.

Shares of Malabar Trading Company Ltd was last trading in BSE at Rs.54.30, up by Rs.1.05 or 1.97%. The stock hit an intraday high of Rs.54.30 and low of Rs.54.30.

The total traded quantity was 4 as compared to 2 week average of 3.

Source : Equity Bulls

Keywords