Ramco Systems Ltd allots 11018 shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on January 18, 2017 has approved an allotment of 11,018 equity shares of Rs. 10/- each, being the exercise of 180 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 10,838 equity stock options under the Employee Stock Option Scheme, 2013 (ESOS 2013). The allotment includes allotment of 10,312 equity shares under ESOS 2013 to Shri A V Dharmakrishnan, Non-Executive Director. Consequent to this the paid up equity share capital has increased from 30,343,680 equity shares of Rs. 10/- each to 30,354,698 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.375.15 as compared to the previous close of Rs. 377.4. The total number of shares traded during the day was 20206 in over 933 trades.

The stock hit an intraday high of Rs. 384 and intraday low of 373.95. The net turnover during the day was Rs. 7659204.

Source : Equity Bulls

Keywords