Castrol India Board approves increase in authorised share capital to Rs.495 crores

The Board of Directors of Castrol India Ltd at its meeting held on July 16, 2012, has approved the increase in the Authorised share capital of the Company from 248,000,000 equity shares of Rs. 10/- each aggregating to Rs. 248 crores to 495,000,000 equity shares of Rs. 10/- each aggregating to Rs. 495 crores.

The Castrol India Ltd stock was trading at Rs.558.70, up by Rs.3.45 or 0.62%. The stock hit an intraday high of Rs.567.85 and low of Rs.552.60.

The total traded quantity was 2.43 lakhs compared to 2 week average of 0.84 lakhs.

Source : Equity Bulls

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