Neha International to allot 1,20,000 shares

Neha International Ltd has announced that the Board of Directors of the Company at its adjourned meeting held on June 29, 2007, has considered and approved the allotment of 1,20,000 equity shares to the allottees having received the allotment monies on preferential basis to the persons other than promoters in terms of resolution passed at the EGM held on March 15, 2007. With this the total number of equity shares allotted was gone upto 18,20,000 shares.

The stock closed the day at Rs.37.60, up by Rs.1.75 or 4.88%. The stock hit an intraday high of Rs.37.60 and low of Rs.37.60. The total traded quantity was 1400 compared to 2 week average of 12560.

Source : Equity Bulls

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