Nutraplus India Limited approves conversion of 480000 warrants

The Board of Directors of Nutraplus India Ltd at its meeting held on May 02, 2016,inter alia, has considered and approved the conversion of 4,80,000 Warrants held by Mr. Mukesh Naik (Promoter) into equivalent number of Equity Shares of Rs. 10/- each.

The Board decided to defer the matter related to consideration of financials for the year ended March 31, 2016 till the next Board Meeting.

Shares of NUTRAPLUS PRODUCTS (INDIA) LTD. was last trading in BSE at Rs.206 as compared to the previous close of Rs. 205.1. The total number of shares traded during the day was 21713 in over 149 trades.

The stock hit an intraday high of Rs. 208.9 and intraday low of 203. The net turnover during the day was Rs. 4472649.

Source : Equity Bulls

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