Acrysil Ltd approves issue of 6 lakh shares

The Board of Directors of Acrysil Ltd at its meeting held on July 14, 2015, has considered, discussed, approved the issue of equity shares up to 6,00,000 equity shares on Preferential Basis in terms of ICDR Regulations to certain persons / entities, subject to the approval of the shareholders of the Company in a general meeting, and, any other necessary approval required thereto and matters related / incidental thereto.

The Extra-ordinary general meeting ("EGM") of the members of the Company will be held on August 14, 2015 to consider the above said agenda along with all other matters incidental thereto.

The Board approved the appointment of the scrutinizer to conduct the e-voting process for the EGM.

The Board also approved the Revised Corporate Social Responsibility (CSR) Policy of the Company on recommendation of CSR Committee.

Shares of ACRYSIL LTD. was last trading in BSE at Rs.697 as compared to the previous close of Rs. 637.25. The total number of shares traded during the day was 135080 in over 1715 trades.

The stock hit an intraday high of Rs. 720 and intraday low of 652. The net turnover during the day was Rs. 93981478.

Source : Equity Bulls

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