Shivam Autotech Ltd approves allotment of 50000000 shares

The Board of Directors of Shivam Autotech Ltd at its meeting held on October 16, 2015 has considered and approved the allotment of 50,000,000 Equity Shares as Bonus Shares to the existing equity shareholders of the Company as on record date i.e. October 10, 2015.

Shares of SHIVAM AUTOTECH LTD. was last trading in BSE at Rs.73 as compared to the previous close of Rs. 69.5. The total number of shares traded during the day was 18772 in over 277 trades.

The stock hit an intraday high of Rs. 73.8 and intraday low of 69.1. The net turnover during the day was Rs. 1352244.

Source : Equity Bulls

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