Balasore Alloys Ltd allots 11% Non Convertible Debentures pursuant to CDR Mechanism

The Committee for Issue and Allotment of Debentures of Board of Directors of Balasore Alloys Ltd in its meeting held on November 29, 2014 have allotted 11% Non Convertible Debentures (NCDs) to the Consortium Bankers of the Company. The allotment was done pursuant to the powers vested in it by Board resolution dated November 07, 2014.

Shares of BALASORE ALLOYS LTD. was last trading in BSE at Rs.21.1 as compared to the previous close of Rs. 20.6. The total number of shares traded during the day was 282290 in over 728 trades.

The stock hit an intraday high of Rs. 21.75 and intraday low of 20.5. The net turnover during the day was Rs. 6029410.

Source : Equity Bulls

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