Nutraplus India Ltd to consider conversion of warrants

A meeting of Board of Directors of Nutraplus India Ltd will be held on March 30, 2016, to consider and approve the conversion of Warrants held by Mr. Mukesh Naik, Mr. Uday Desai and Mrs. Gita Naik into equivalent number of Equity Shares.

The Board will also consider adoption of Policies and Codes as per statutory provisions.

Further in accordance with Company's Code of Conduct for Prevention of Insider Trading, the Trading window for dealing in the securities of the Company will be closed for the Promoters, Directors, Key Managerial Personnel, Designated Persons and all other persons covered under the Code of the Company from March 26, 2016 till April 01, 2016 (both days inclusive) and shall re-open on April, 02 2016.

Shares of NUTRAPLUS PRODUCTS (INDIA) LTD. was last trading in BSE at Rs.294 as compared to the previous close of Rs. 292.9. The total number of shares traded during the day was 34654 in over 197 trades.

The stock hit an intraday high of Rs. 299.3 and intraday low of 288.6. The net turnover during the day was Rs. 10182304.

Source : Equity Bulls

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