Tayo Rolls Ltd approves proposal to allot 1 lakh NCRPS

The Committee of the Board of Tayo Rolls Ltd at their meeting held on February 24, 2017 have decided to allot 1,00,000 (one lakh only) 7.17% Non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each aggregating to Rs. 1,00,00,000/- (Rupees one crore only) to Tata Steel Limited, the Promoter on Preferential basis.

Shares of TAYO ROLLS LTD. was last trading in BSE at Rs.52.2 as compared to the previous close of Rs. 53. The total number of shares traded during the day was 600 in over 6 trades.

The stock hit an intraday high of Rs. 54.35 and intraday low of 51.3. The net turnover during the day was Rs. 31883.

Source : Equity Bulls

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