Coromandel Engineering Company Fixes Record Date for Right Issue

The Rights Issue Committee of the Board of Directors of Coromandel Engineering Company Ltd at their meeting held on January 03, 2014 have approved the Rights Issue of equity shares at Rs.20/- per Rights Equity share (including premium of Rs.10/- per right equity share) in the ratio of 91 Equity shares for every 10 Equity shares held as on 15th January 2014, the Record Date.

Shares of Coromandel Engineering Company Ltd was last trading BSE at Rs.261, up by Rs.0.85 or 0.33%. The stock hit an intraday high of Rs.273.15 and intraday low of Rs.261.

The total traded quantity was 201 shares as compared to 2 week average of 1113 shares.

Source : Equity Bulls

Keywords