Transformers and Rectifiers allots bonus shares to shareholders

Transformers and Rectifiers (India) Ltd has announced the allotment of 3,32,800 fully paid Equity Shares of Rs. 10/- each as Bonus Shares in the proportion of 1 (One) new equity share of Rs. 10/- each for every 9 (Nine) existing fully paid up equity shares of Rs. 10/- each held has been made at committee/Board meeting of the Directors of the Company held on June 18, 2013 (except to the Promoter/ Promoters group who have agreed to forgo/ waive their entitlement/ right in proposed bonus issue).

Shares of Transformers and Rectifiers (India) Ltd was last trading in BSE at Rs.83.80, down by Rs.1.70 or 1.99%. The stock hit an intraday high of Rs.83.80 and low of Rs.83.80.

The total traded quantity was 150 compared to 2 week average of 1640.

Source : Equity Bulls

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