Asian CERC alloted 10365 shares by Cochin Stock Exchange

Asian CERC Information Technology Ltd has announced that Cochin Stock Exchange Ltd ("CSEL"), in pursuance to the Demutualisation Scheme approved by SEBI, has allotted 10,365 Equity Shares of Rs 10/- each to the Company on August 25, 2007, constituting 4.99% of the total Paid-up Equity Share Capital of CSEL.

The stock closed the day at Rs.170.75, down by Rs.2.95 or 1.70%. The stock hit an intraday high of Rs.179.90 and low of Rs.170.

The total traded quantity was 24786 compared to 2 week average of 35048.

Source : Equity Bulls

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