Unimers India extends Redemption Date of Preference Shares

As per the resolution adopted in the meeting of the Board of Directors of Unimers India Ltd held on November 28, 2013 based on the consent given by the sole holder of the 1,08,00,000 number of 0.5% Cumulative Redeemable Preference Shares of Rs. 10 each (CRPS) of the Company, the date of redemption of the said CRPS has been extended by a further period of one year i.e. up to December 23, 2014, together with the arrear dividend accumulated thereon.

Shares of Unimers India Ltd was last trading in BSE at Rs.8.50, up by Rs.0.25 or 3.03%. The stock hit an intraday high of Rs.8.50 and low of Rs.8.50.

The total traded quantity was 259 as compared to 2 week average of 1380.

Source : Equity Bulls

Keywords