Texmaco Rail & Engineering Ltd approves allotment of 156350 Equity Shares

The Compensation Committee of Texmaco Rail & Engineering Ltd at its Meeting held on 11th May, 2017, has allotted 1,56,350 Equity Shares of Rs. 1/- each pursuant to exercise of options by its employees under the Texmaco Employee Stock option Scheme 2014.

Consequent to the allotment, the paid up Equity Share Capital of the Company has increased from 21,94,14,993 Equity Shares of Rs. 1/- each to 21,95,71,343 Equity Shares of Rs. 1/- each.

Shares of TEXMACO RAIL & ENGINEERING LTD. was last trading in BSE at Rs.97 as compared to the previous close of Rs. 98.2. The total number of shares traded during the day was 41718 in over 425 trades.

The stock hit an intraday high of Rs. 99.1 and intraday low of 96.6. The net turnover during the day was Rs. 4066561.

Source : Equity Bulls

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