Deep Industries Ltd to consider allotment of 29,50,000 warrants

A meeting of the Board of Directors of Deep Industries Ltd will be held on December 31, 2013, to consider the allotment of 29,50,000 Convertible Warrants to Promoter/Promoter Group on preferential basis.

Shares of Deep Industries Ltd was last trading BSE at Rs.43.45, up by Rs.1.65 or 3.95%. The stock hit an intraday high of Rs.44.60 and intraday low of Rs.41.95.

The total traded quantity was 0.96 lakh shares as compared to 2 week average of 0.28 lakh shares.

Source : Equity Bulls

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