The aforesaid equity share allotment is pursuant to conversion of 30,00,000 warrants, the release added.
In a separate release, the company said the meeting of the Board of Directors will be held on November 09, 2015, mainly to approve and take on record the un-audited financial results of the Company for the 2nd quarter and half year ended on September 30, 2015.
The stock opened at Rs 54.30 and touched a high of Rs 56.80. At 2:50pm, over 600,000 shares were traded on both the stock exchanges.
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