Ruchira Papers Ltd calls for Board Meeting on March 03, 2017

A meeting of the Board of Directors of Ruchira Papers Ltd is scheduled to be held on March 03, 2017, to consider and approve preferential issue of convertible securities (Warrants) subject to the members approval and other necessary permissions, sanctions under section 62 other applicable provisions, if any, of the Companies Act, 2013, read with rules made thereunder, along with applicable SEBI Regulations and other laws.

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company has been closed for the aforesaid purpose for all the designated employees (including Directors) of the Company and their dependents from February 24, 2017 till 48 hours after the conclusion of the Board meeting (Both days inclusive).

Shares of RUCHIRA PAPERS LTD. was last trading in BSE at Rs.130.2 as compared to the previous close of Rs. 127.75. The total number of shares traded during the day was 12231 in over 251 trades.

The stock hit an intraday high of Rs. 131 and intraday low of 128.05. The net turnover during the day was Rs. 1586921.

Source : Equity Bulls

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