Raj Rayon Industries Ltd approves preferential issue to promoters, non-promoters

The Board of Directors of Raj Rayon Industries Ltd at its meeting held on February 14, 2015, has approved the proposal for issue of Equity Shares to Promoters and Non-promoters on Preferential basis.

2. An Extra Ordinary General Meeting is scheduled to be held on March 14, 2015 at the registered office of the Company for issue of Equity Shares to Promoters and Non Promoters on preferential basis.

Shares of Raj Rayon Industries Limited was last trading in BSE at Rs.0.59 as compared to the previous close of Rs. 0.54. The total number of shares traded during the day was 520 in over 4 trades.

The stock hit an intraday high of Rs. 0.59 and intraday low of 0.59. The net turnover during the day was Rs. 306.

Source : Equity Bulls

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