Ramco Systems Ltd approves allotment of 90737 shares

Ramco Systems Ltd approves allotment of 90737 sharesThe Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on September 10, 2015 has approved an allotment of 90,737 equity shares of Rs. 10/- each, being the exercise of 16,392 equity stock options under the Employee Stock Option Scheme, 2008 (ESOS 2008), 18,742 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A (ESOS 2009 - Plan A), 34,253 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 21,350 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 29,685,546 equity shares of Rs. 10/- each to 29,776,283 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.735 as compared to the previous close of Rs. 713.5. The total number of shares traded during the day was 3265 in over 364 trades.

The stock hit an intraday high of Rs. 738 and intraday low of 685. The net turnover during the day was Rs. 2307028.

Source : Equity Bulls

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