Pratibha Inds spurts over 16%
By
Research Desk
about 7 years ago
The stock price of Pratibha Industries spurted up over 16% to Rs.13.55 and volumes on the counter also rose some 4 times.
The good news on the counter is that the company has decided that its Board will meet on 4th Jan’17 to consider and approve, the issue and allotment of shares on preferential basis to the Lenders of the Company under Strategic Debt Restructuring (SDR) scheme.
The SDR scheme has already got the necessary approvals through Special Resolution passed through postal ballot concluded on November 05, 2016.