Foods & Inns Ltd allots 38402 shares

The Board of Directors of Foods & Inns Ltd considered and approved the allotment of 38402 equity shares to Raymond Simkins pursuant to conversion of interest free unsecured loan into equity shares at a price of Rs 870 per equity shares witha premium of Rs 860 per equity share.

Shares of FOODS & INNS LTD. was last trading in BSE at Rs.1190 as compared to the previous close of Rs. 1175. The total number of shares traded during the day was 20 in over 1 trades.

The stock hit an intraday high of Rs. 1190 and intraday low of 1190. The net turnover during the day was Rs. 23800.

Source : Equity Bulls

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