Skypak Service Specialists Ltd considers capital reduction, raising funds

The Board of Directors of Skypak Service Specialists Ltd at its meeting held on December 30, 2013, considered the Scheme of Arrangement including reduction of capital and raising of fresh issue of capital to meet with the statutory obligations.

The Board also requested Mr. Dilip Kulkarni to arrange for funds from potential investors and from his own source and in accordance the Board will consider the finalization of the scheme at its meeting scheduled to be held on January 06, 2014.

Shares of Skypak Service Specialists Ltd was last trading BSE at Rs.5.14, up by Rs.0.24 or 4.90%. The stock hit an intraday high of Rs.5.14 and intraday low of Rs.5.14.

The total traded quantity was 600 shares as compared to 2 week average of 507 shares.

Source : Equity Bulls

Keywords