Shree Rama Newsprint Ltd approves allotment of 29172900 share on conversion of optionally convertible debentures

The Securities Allotment Committee of the Board of Directors of Shree Rama Newsprint Ltd in its meeting held on January 09, 2017, has allotted 2,91,72,900 equity shares of Rs. 10/- each to ICICI Bank Ltd. subject to locking for a period of one year from trading approval on conversion of 2,91,72,900 OCD of Rs. 10/- each to ICICI Bank Ltd.

Shares of SHREE RAMA NEWSPRINT LTD. was last trading in BSE at Rs.38 as compared to the previous close of Rs. 37.8. The total number of shares traded during the day was 21706 in over 215 trades.

The stock hit an intraday high of Rs. 38.75 and intraday low of 36.3. The net turnover during the day was Rs. 827514.

Source : Equity Bulls

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