[sharetrading] ECE Rights Issue

 

14/05/10

Dear All

ECE Industries ( BSE: 532491 ) has come out with Rights Issue on following terms

Ratio - 1:1
Price - 100.00 ( 10.0 FV + 90.0 Premium)
Record Date - 28/05/10

The average price is 190.00 for last one year.
Dividend history good

WHAT IS THE VIEW OF EXPERTS?

Ravindra Deshpande

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