Atul Auto Ltd allots 3657200 Equity Shares

The Board of Directors of Atul Auto Ltd at its meeting held on July 06, 2012, has allotted 36,57,200 (Thirty six lacs fifty seven thousands two hundred) equity shares of Rs. 10/- (Rupees Ten) each aggregating to Rs.3,65,72,000 (Rupees Three crores sixty five lacs seventy two thousands only) as Bonus Shares credited as fully paid up, to all Members of the Company, holding equity shares of Rs. 10/- each of the Company in ratio of one new fully paid up equity share of Rs. 10/- each for every two equity shares held on Book Closure date (i.e. July 05, 2012).

The Atul Auto Ltd stock was trading at Rs.123.25, down by Rs.7.30 or 5.59%. The stock hit an intraday high of Rs.134.90 and low of Rs.122.

The total traded quantity was 0.36 lakhs compared to 2 week average of 0.48 lakhs.

Source : Equity Bulls

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