Vardhman Polytex allots 19,75,000 shares

The members of the Allotment Committee of Board of directors of Vardhman Polytex Ltd in its meeting held on dated December 14, 2013, have allotted 19,75,000 equity shares upon the conversion of warrants to M/s. Alma Assets Consultancy Pvt. Ltd, Promoter Group Company on preferential basis.

Shares of Vardhman Polytex Ltd was last trading in BSE at Rs.32.55, up by Rs.0.40 or 1.24%. The stock hit an intraday high of Rs.33.50 and low of Rs.31.70.

The total traded quantity was 873 as compared to 2 week average of 5826.

Source : Equity Bulls

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