Salzer Electronics Ltd allots 1000000 Share Warrants

The sub-committee of Salzer Electronics Ltd met on July 14, 2015 and allotted 1000000 convertible share warrants to the Promoters and Promoters group companies in accordance with the Chapter VII of SEBI (ICDR) Regulation 2009, which should be convertible into equity shares within the period of 18 months from the date of allotment. The said warrants would be issued in dematerialized form.

Shares of SALZER ELECTRONICS LTD. was last trading in BSE at Rs.267.1 as compared to the previous close of Rs. 255.1. The total number of shares traded during the day was 370492 in over 2335 trades.

The stock hit an intraday high of Rs. 271.8 and intraday low of 257. The net turnover during the day was Rs. 98465586.

Source : Equity Bulls

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