Premier Synthetics Ltd to consider preferential issue

A meeting of the Board of Directors of Premier Synthetics Ltd is scheduled to be held on Thursday, April 06, 2017 at 11:30 AM at the office of the Company at Plot No. 835 Mouje Rakanpur, Village Santej, Taluka Kalol, Dist. Gandhinagar, Gujarat, to consider issue of Equity Shares on Preferential Basis to Non Promoter entities at such issue price arrived under the applicable regulations.

The Board will consider proposal to appoint Miss. Anusha Maheshwary as an Additional (Independent) Director and also decide the place of Administrative office at Ahmedabad, Gujarat.
The Board will take note of disclosure of interest by directors and consider other matters with the permission of the chair.

Further, the trading window for dealing in the Company's securities by the Directors/designated Employees and their relatives will remain closed from March 31, 2017 to April 8, 2017 (both day inclusive), in terms of the Company's 'Code of Conduct for prohibition of Inside.

Shares of PREMIER SYNTHETICS LTD. was last trading in BSE at Rs.21.75 as compared to the previous close of Rs. 20.85. The total number of shares traded during the day was 200 in over 1 trades.

The stock hit an intraday high of Rs. 21.75 and intraday low of 21.75. The net turnover during the day was Rs. 4350.

Source : Equity Bulls

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