Aksh Optifibre Ltd allots 1115512 shares on conversion of FCCBs

The Board of Directors of Aksh Optifibre Ltd at its meeting held on June 06, 2014, has allotted 11,15,512 equity shares of Rs. 5/- each, pursuant to the conversion of FCCBs aggregating USD 0.3 Mn. out of FCCBs aggregating to USD 3.792 Mn issued on February 10, 2014.

Shares of AKSH OPTIFIBRE LTD. was last trading in BSE at Rs.21.2 as compared to the previous close of Rs. 21. The total number of shares traded during the day was 47595 in over 210 trades.

The stock hit an intraday high of Rs. 21.25 and intraday low of 20.65. The net turnover during the day was Rs. 1003552.

Source : Equity Bulls

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