VEDAVAAG Systems Ltd to consider conversion of 5 lakh warrants

A meeting of the Board of Directors of VEDAVAAG Systems Ltd will be held on March 30, 2016, to consider and for 5,00,000 Warrants into Equity Shares of Rs.10/- each at Par to Promoter SRI. J.S.R. Durga Prasad on Preferential Basis as per the In-Principle Approval Letter under Clause 24(a) of the Listing Agreement received from Stock Exchange.

Shares of VEDAVAAG SYSTEMS LTD. was last trading in BSE at Rs.35 as compared to the previous close of Rs. 33.7. The total number of shares traded during the day was 8697 in over 51 trades.

The stock hit an intraday high of Rs. 35 and intraday low of 33.05. The net turnover during the day was Rs. 296422.

Source : Equity Bulls

Keywords