Mawana Sugars Ltd reclassifies share capital

The Board of Directors of Mawana Sugars Ltd at its meeting held on May 10, 2016, has considered and approved the re-classification of Authorised Share Capital of the Company.

The share capital is reclassified as 12,50,00,000 (Twelve Crores Fifty Lacs) Equity of Rs.10 each and 50,00,000 (Fifty Lacs) Optionally Convertible Cumulative Redeemable Preference Shares of Rs.100 each.

The 52nd Annual General Meeting of the Company to be held on June 13, 2016.

Shares of MAWANA SUGARS LTD. was last trading in BSE at Rs.38.9 as compared to the previous close of Rs. 38.85. The total number of shares traded during the day was 191522 in over 1088 trades.

The stock hit an intraday high of Rs. 40.3 and intraday low of 37.2. The net turnover during the day was Rs. 7455249.

Source : Equity Bulls

Keywords