Tayo Rolls Ltd to refer to NCLT for insolvencey resolution process

The Board of Directors of Tayo Rolls Ltd at their meeting held today has decided to refer the Company to the National Company Law Tribunal under Section 10 of the Insolvency and Bankruptcy Code, 2016 for Corporate Insolvency Resolution Process.

Shares of TAYO ROLLS LTD. was last trading in BSE at Rs.60 as compared to the previous close of Rs. 55.2. The total number of shares traded during the day was 27758 in over 174 trades.

The stock hit an intraday high of Rs. 61.8 and intraday low of 57. The net turnover during the day was Rs. 1677441.

Source : Equity Bulls

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