JK Paper Ltd allots shares on conversion of FCCBs

The Committee of Directors of JK Paper Ltd at its meeting held today i.e.,on 12th April 2017 has allotted Equity Shares of the Company to one of the FCCB Holders consequent upon conversion of their FCCBs (Series 3) of Euro 2.4 million.

Shares of JK PAPER LTD. was last trading in BSE at Rs.102.95 as compared to the previous close of Rs. 101.75. The total number of shares traded during the day was 460627 in over 4288 trades.

The stock hit an intraday high of Rs. 106.5 and intraday low of 102.45. The net turnover during the day was Rs. 47969932.

Source : Equity Bulls

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