ELF Trading & Chemicals Manufacturing Updates on Preference Shares

The Board of Directors of ELF Trading & Chemicals Manufacturing Ltd at its Meeting held on December 01, 2011, had decided to redeem 9,00,000, 8% Cumulative Redeemable Non Convertible Preference Shares of Rs. 10/- each on January 01, 2012.

On January 01, 2012, Company had redeemed 9,00,000, 8% Cumulative Redeemable Non Convertible Preference Shares of Rs. 10/- each. It may also be noted that the said preference shares are unlisted. After Redemption of the said Preference Shares, Paid Up Capital is Rs. 18,72,000, comprising of 1,87,200 Equity shares of Rs. 10/- each.

The stock last traded on December 11, 2007 at Rs.108.80, up by Rs.5.15 or 4.97%. The stock hit an intraday high of Rs.108.80 and low of Rs.108.80.

The total traded quantity was 50 compared to 2 week average of 50.

Source : Equity Bulls

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