Kavit Industries Ltd calls for Board Meeting on July 23, 2014

A meeting of the Board of Directors of Kavit Industries Ltd will be held on July 23, 2014 to allot equity shares in lieu of Convertible warrants issued on preferential basis to those allottee who have exercise their rights of conversion.

The Company has issued convertible equity warrants on preferential basis of face value of Rs. 10/- each at a premium of Rs. 5/- per warrants.

Shares of Kavit Industries Limited was last trading in BSE at Rs.8.13 as compared to the previous close of Rs. 8.55. The total number of shares traded during the day was 360 in over 7 trades.

The stock hit an intraday high of Rs. 8.55 and intraday low of 8.13. The net turnover during the day was Rs. 2931.

Source : Equity Bulls

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