Natural Capsules Ltd announces lapse of warrants on non payment of dues

Natural Capsules Ltd has announced that 6,60,000 Equity Share Warrants / Convertible Securities allotted to Non Promoter Shareholders as per the terms of Special Resolution passed in the Annual General Meeting held on August 27, 2015, and Board Resolutions passed on September 09, 2015 and July 30, 2016 for allotment and extension of time for exercise of the option to convert the same into equity, have lapsed on February 26, 2017 due to non-payment of balance amount as per the terms of issue.

Shares of NATURAL CAPSULES LTD. was last trading in BSE at Rs.81.2 as compared to the previous close of Rs. 81.35. The total number of shares traded during the day was 15 in over 2 trades.

The stock hit an intraday high of Rs. 81.2 and intraday low of 81.2. The net turnover during the day was Rs. 1218.

Source : Equity Bulls

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