Rasandik Engineering Industries India Ltd to consider preferential issue on Mar 1, 2018

A meeting of the Board of Directors of Rasandik Engineering Industries India Ltd is scheduled to be held on March 01, 2018, to consider and approve the raising of funds through Preferential issue of Securities in terms of the Chapter VII of the Securities And Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, Section 42 and 62(1) of the Companies Act, 2013 read with relevant rules made thereunder and other applicable laws, if any to the persons belonging to Non-Promoter(s) category.

The trading window of the Company will remain closed with immediate effect upto 48 hours after the outcome of Board Meeting.

Shares of RASANDIK ENGINEERING INDUSTRIES INDIA LTD. was last trading in BSE at Rs.203 as compared to the previous close of Rs. 204. The total number of shares traded during the day was 8465 in over 33 trades.

The stock hit an intraday high of Rs. 209.1 and intraday low of 194. The net turnover during the day was Rs. 1689451.

Source : Equity Bulls

Keywords