JK Paper Ltd to consider FCCB issue on May 06, 2016

JK Paper Ltd has announced with reference to the meeting of the Board of Directors of the Company to be held on May 06, 2016.

The Board of Directors of the Company may also consider, subject to approval of the Shareholders and applicable regulatory approvals issue of Foreign Currency Convertible Bonds (FCCBs) or any other similar securities to be undertaken in accordance with applicable laws, at the said Board Meeting to be held on May 06, 2016.

Shares of JK PAPER LTD. was last trading in BSE at Rs.50.7 as compared to the previous close of Rs. 50.05. The total number of shares traded during the day was 43732 in over 254 trades.

The stock hit an intraday high of Rs. 51.9 and intraday low of 50.6. The net turnover during the day was Rs. 2234375.

Source : Equity Bulls

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