IPCA Laboratories Ltd board to consider warrants conversion on Sep 2, 2020

A meeting of the Board of Directors of IPCA Laboratories Ltd is scheduled on 02/09/2020, to consider and approve allotment of 5,00,000 equity shares of Rs. 2/- each fully paid-up of the Company to the members of the Promoters / Promoter Group upon conversion of warrants issued to them at the meeting of the Board of Directors of the Company held on 7th November, 2019 and pursuant to a resolution passed by the shareholders of the Company at the Extra Ordinary General Meeting held on 24th October, 2019.

Shares of IPCA LABORATORIES LTD. was last trading in BSE at Rs.2025.85 as compared to the previous close of Rs. 2040.6. The total number of shares traded during the day was 5583 in over 664 trades.

The stock hit an intraday high of Rs. 2051.15 and intraday low of 1995.8. The net turnover during the day was Rs. 11274504.

Source : Equity Bulls

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