Cerebra Integrated Technologies to allot 12078760 shares

The Board of Directors of Cerebra Integrated Technologies Ltd met on November 23, 2016 and proceeded to allot 12078760 Equity Shares of Rs. 10/- each at a premium of Rs. 0.50 each to Strategic Investors Upon exercise of option by the FCCB holders.

The meeting of the Board of Directors of the Company commenced at 4.30 PM and concluded at 5.00 PM.

Shares of CEREBRA INTEGRATED TECHNOLOGIES LTD. was last trading in BSE at Rs.17.35 as compared to the previous close of Rs. 17.15. The total number of shares traded during the day was 155075 in over 266 trades.

The stock hit an intraday high of Rs. 17.65 and intraday low of 16.7. The net turnover during the day was Rs. 2681483.

Source : Equity Bulls

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