Cimmco Ltd allots 1.5 crore NCNCRPS

The Paid Up Share Capital of Cimmco Ltd has been increased from Rs 45,14,85,260/- to Rs. 60,14,85,260/- divided in to 2,01,48,526 Equity Shares of Rs. 10/- each and 400,00,000- 8% Non Cumulative Non Convertible Redeemable Preference Shares of Rs. 10/- each pursuant to allotment of 1,50,00,000 - 8% Non Cumulative Non Convertible Redeemable Preference Shares of Rs. 10/- each by the Committee of Directors (which had been delegated the power for the purpose) at its meeting held on July 08, 2014 to a Promoter Group Entity.

Shares of CIMMCO LTD. was last trading in BSE at Rs.46.25 as compared to the previous close of Rs. 48.65. The total number of shares traded during the day was 8601 in over 66 trades.

The stock hit an intraday high of Rs. 48.65 and intraday low of 46.25. The net turnover during the day was Rs. 401110.

Source : Equity Bulls

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