Mahamaya Steel Industries Ltd to allot 3 lac shares

The Board of Directors of Mahamaya Steel Industries Ltd at its meeting held on August 25, 2014, have subject to the approval of Shareholders and Stock exchange where the shares of the Company are listed, have decided to issue and allot 3,00,000 Equity shares of Rs. 10/- each on Preferential allotment basis to Promoter and promoter group companies at a price to be calculated as per SEBI (ICDR) Regulation, 2009.

Shares of MAHAMAYA STEEL INDUSTRIES LTD. was last trading in BSE at Rs.29.6 as compared to the previous close of Rs. 29.3. The total number of shares traded during the day was 853 in over 18 trades.

The stock hit an intraday high of Rs. 29.6 and intraday low of 28.35. The net turnover during the day was Rs. 24604.

Source : Equity Bulls

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