Zenotech Laboratories Ltd calls for Rights Issue Committee Meeting On Saturday, May 20, 2017

A meeting of the Rights Issue Committee of the Board of Zenotech Laboratories Ltd is scheduled to be held on Saturday, May 20, 2017 to consider and fix the Issue Price for the Equity Shares proposed to be issued on rights basis.

The Board will fix the Record Date/ book closure date for the purpose of proposed rights issue for ascertaining the names of existing shareholders who will be entitled to the rights equity shares.

The Board will approve the Ratio in which the existing shareholders will be entitled to get the Equity Shares on rights basis.

The Board will also discuss any other matter incidental to the rights issue.

Shares of ZENOTECH LABORATORIES LTD. was last trading in BSE at Rs.52 as compared to the previous close of Rs. 52. The total number of shares traded during the day was 3166 in over 17 trades.

The stock hit an intraday high of Rs. 53.8 and intraday low of 52. The net turnover during the day was Rs. 166685.

Source : Equity Bulls

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