Everest Kanto Cylinder allots 50,50,000 equity shares

The Board of Directors of Everest Kanto Cylinder Ltd at its Share Allotment Committe Meeting held on March 31, 2016, have approved the allotment of 50,50,000 equity shares of Rs. 2 each at a premium of Rs. 14 per share to the promoter group persons Pushkar Khurana (16,59,481), Puneet Khurana (8,65,519) and Khurana Gases Private Ltd. (25,25,00).

Shares of EVEREST KANTO CYLINDER LTD. was last trading in BSE at Rs.14.97 as compared to the previous close of Rs. 14.95. The total number of shares traded during the day was 45524 in over 348 trades.

The stock hit an intraday high of Rs. 16 and intraday low of 14.81. The net turnover during the day was Rs. 695726.

Source : Equity Bulls

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