Sybly Industries to issue 60 lakh shares

The Board of Directors of Sybly Industries Ltd at its meeting held on July 08, 2014, has decided to issue 60,00,000 Equity Shares of Rs. 10/- each on preferential basis to Promoters/PAC's subject to the approval of shareholders, pursuant to the provisions of SEBI (ICDR) Regulations 2009, and to convene an Extra-Ordinary General Meeting on August 07, 2014.

Mr. R. S. Bhatia, Practicing Company Secretary has been appointed as Scrutinizer for the purpose.

Shares of SYBLY INDUSTRIES LTD. was last trading in BSE at Rs.3.4 as compared to the previous close of Rs. 3.5. The total number of shares traded during the day was 60959 in over 84 trades.

The stock hit an intraday high of Rs. 3.67 and intraday low of 3.4. The net turnover during the day was Rs. 221866.

Source : Equity Bulls

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