[stock_win_india] Rights Issues Announced Recently

 

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• Rohit Ferro Tech Rights Issue Plan

Rohit Ferro Tech jumped 6.90% on BSE early morning today, after the company's board approved issuing shares on rights basis. The company made this announcement after market hours on Thursday, 7 January 2010. The company is engaged in manufacturing ferro alloy products. Its products include ferro chrome, ferro manganese, silicon and vanadium. The group exports its products to Europe, Middle East, China, Japan and Korea. The group's plants are located at Bankura and Medinipur district of West Bengal and Jajpur district of Orissa.

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• AXIS IT&T to Consider Rights Issue

The board meeting of AXIS IT&T will be held on 12 January 2010 to consider and approve the rights issue of equity shares. The stock closed the day at Rs.76.55, up by Rs.3.60 or 4.93%. The stock hit an intraday high of Rs.76.55 and low of Rs.75.

• Elpro International to Consider Rights Issue

The board meeting of Elpro International will be held on 11 January 2010 to consider and approve draft letter of offer for the purpose of rights issue. The stock was trading at Rs.608. The stock hit an intraday high of Rs.639.80 and low of Rs.608.

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