Bodal Chemicals to revise merger ratio of Milestone Organic Ltd

Bodal Chemicals Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 14, 2007, inter alia, to revise exchange ratio under the scheme of Amalgamation of Milestone Organic Ltd. with the Company.

The stock closed the day at Rs.59, down by Rs.0.35 or 0.59%. The stock hit an intraday high of Rs.61 and low of Rs.59. The total traded quantity was 10074 compared to 2 week average of 13555.

Source : Equity Bulls

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