Raj Rayon Industries allots 8 crore shares

The Committee of Directors of Raj Rayon Industries Ltd met on April 24, 2015 and considered the allotment of 8,00,00,000 Equity Shares of Rs. 1/- each at par amounting to Rs. 8,00,00,000 to Shareholders belonging to Promoter and Non Promoter category. The proposal for said issue was approved by the shareholders at their Extraordinary General Meeting held on March 14, 2015.

Shares of Raj Rayon Industries Limited was last trading in BSE at Rs.0.66 as compared to the previous close of Rs. 0.66. The total number of shares traded during the day was 500 in over 2 trades.

The stock hit an intraday high of Rs. 0.66 and intraday low of 0.66. The net turnover during the day was Rs. 330.

Source : Equity Bulls

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