Kirloskar Electric Company Ltd allots 2658200 Equity Shares

Kirloskar Electric Company Ltd has allotted on March 26, 2015, 26,58,200 equity shares of Rs.10/- each Aggregating to Rs.8,09,15,608 on preferential basis to Mr. Vijay R Kirloskar, Promoter of the Company in terms of SEBI Guidelines for Preferential Issue.

Shares of Kirloskar Electric Company Ltd was last trading in BSE at Rs.27 as compared to the previous close of Rs. 26.5. The total number of shares traded during the day was 10087 in over 281 trades.

The stock hit an intraday high of Rs. 27.25 and intraday low of 25.4. The net turnover during the day was Rs. 269748.

Source : Equity Bulls

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