Stock Report

Shri Lakshmi Cotsyn Board Meeting on Jul 31, 2007 to consider results, warrants conversion



Posted On : 2007-07-24 10:27:02( TIMEZONE : IST )

Shri Lakshmi Cotsyn Board Meeting on Jul 31, 2007 to consider results, warrants conversion

Shri Lakshmi Cotsyn Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 31, 2007, inter alia, to consider the following business:

1. To consider and take on record the un-audited Financial Results of the Company for the quarter ended June 30, 2007.

2. Conversion of (4) Four Lacs warrants of Rs 10/- each issued at a premium of Rs 119/- per warrant into (7) Seven Lacs equity shares of Rs 10/- each at a premium of Rs 119/- per share.

The stock closed the day at Rs.121.30, up by Rs.3.50 or 2.97%. The total traded quantity was 86055 compared to 2 week average of 49775. The stock hit an intraday high of Rs.141 and low of Rs.116.20.

Source : Equity Bulls

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