Ramco Systems Ltd allots 59405 Equity Shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on September 25, 2015 has approved an allotment of 59,405 equity shares of Rs.10/- each, being the exercise of 14,268 equity stock options under the Employee Stock Option Scheme, 2008 (ESOS 2008), 8,421 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A (ESOS 2009 - Plan A), 18,116 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 18,600 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 29,776,283 equity shares of Rs. 10/- each to 29,835,688 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.748.75 as compared to the previous close of Rs. 757.25. The total number of shares traded during the day was 1611 in over 157 trades.

The stock hit an intraday high of Rs. 775 and intraday low of 745.5. The net turnover during the day was Rs. 1219972.

Source : Equity Bulls

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