Ramco Systems Ltd allots 3153 equity shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on March 22, 2016 has approved an allotment of 3,153 equity shares of Rs. 10/- each, being the exercise of 1,653 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 1,500 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 29,987,583 equity shares of Rs. 10/- each to 29,990,736 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.703.5 as compared to the previous close of Rs. 708.9. The total number of shares traded during the day was 1116 in over 119 trades.

The stock hit an intraday high of Rs. 709.5 and intraday low of 700. The net turnover during the day was Rs. 785398.

Source : Equity Bulls

Keywords