The Committee of Directors (Stakeholders Relationship Committee) of Raymond Limited ("the Company") at its Meeting held today i.e., April 03, 2020, has allotted 18,54,599 Equity Shares of Rs. 10 each pursuant to conversion of 18,54,599 0.01% Compulsorily Convertible Preference Shares ("CCPS") to J. K. Investo Trade (India) Limited.
Consequent to the conversion of aforesaid CCPS, the paid-up Equity Share Capital of the Company stands increased from Rs. 64,71,91,320 to Rs. 66,57,37,310.
Shares of RAYMOND LTD. was last trading in BSE at Rs.224.8 as compared to the previous close of Rs. 223. The total number of shares traded during the day was 13668 in over 970 trades.
The stock hit an intraday high of Rs. 232 and intraday low of 216.65. The net turnover during the day was Rs. 3076560.