Ramco Systems Ltd allots 13564 Equity Shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on January 02, 2015, has approved an allotment of 13,564 equity shares of Rs.10/- each, being the exercise of 5,785 equity stock options under the Employee Stock Option Scheme, 2008 (ESOS 2008), 3,119 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A (ESOS 2009 - Plan A) and 4,660 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B). Consequent to this the paid up equity share capital has increased from 2,43,37,368 equity shares of Rs. 10/- each to 2,43,50,932 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.460.4 as compared to the previous close of Rs. 467.95. The total number of shares traded during the day was 4546 in over 345 trades.

The stock hit an intraday high of Rs. 469.45 and intraday low of 450. The net turnover during the day was Rs. 2094981.

Source : Equity Bulls

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