Hanung Toys & Textiles Ltd allots 4244000 Equity Shares to Promoter Group

Pursuant to Special resolution passed through postal ballot by the shareholders under section 42 of the Companies Act 2013, Hanung Toys & Textiles Ltd has allotted on August 05, 2014, 42,44,000 preferential equity shares as per SEBI ICDR Guidelines 2009, to promoter group's Company i.e. Praneet Softech Pvt. Ltd. at a price of Rs. 22.62 per equity shares calculated in accordance with the SEBI ICDR Guidelines 2009.

Shares of HANUNG TOYS & TEXTILES LTD. was last trading in BSE at Rs.28.55 as compared to the previous close of Rs. 28.5. The total number of shares traded during the day was 11187 in over 138 trades.

The stock hit an intraday high of Rs. 29.4 and intraday low of 28.4. The net turnover during the day was Rs. 320915.

Source : Equity Bulls

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