Texmaco Rail & Engineering Ltd allots 243500 Equity Shares

The Committee of Directors of Texmaco Rail & Engineering Ltd has allotted 2,43,500 Equity Shares of Re. 1/- each, upon exercise of 2,43,500 Options by Optionees under Texmaco Employees Stock Option Scheme - 2007.

Consequently, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 18,20,26,590/- divided into 18,20,26,590 Equity Shares of Re. 1/- each from March 09, 2012.

The Texmaco Rail & Engineering Ltd stock was trading at Rs.60.35, up by Rs.0.30 or 0.50%. The stock hit an intraday high of Rs.60.35 and low of Rs.59.

The total traded quantity was 201 compared to 2 week average of 7018.

Source : Equity Bulls

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