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Ankit Metal & Power : Rights Issue

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Ankit Metal & Power Limited (AMPL) is in the business of manufacturing Sponge Iron, M.S. Ingots/Billets and Re-Rolled products. Companies manufacturing plant is in village Chhatna, Jorehira in Bankura District of West Bengal. The company informed the market that in order to raise the Authorized working capital of the company from 60 crores to 80 crores , they have proposed to come out with Rights Issue and Inter alia, have passed approved the Right Issue.

Share’s Data :-
BSE Code : 532870
Mkt. Cap: Rs 98.21 Crores
Ankit Metal & Power Limited share’s CMP is Rs 29.85 on 9th July 2010.

Source : BelltheBull

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