Ramco Systems Ltd allots 8065 shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on October 23, 2015 has approved an allotment of 8,065 equity shares of Rs. 10/- each, being the exercise of 839 equity stock options under the Employee Stock Option Scheme, 2008 (ESOS 2008), 1,252 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A (ESOS 2009 - Plan A), 1,574 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 4,400 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 29,835,688 equity shares of Rs. 10/- each to 29,843,753 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.794.5 as compared to the previous close of Rs. 810. The total number of shares traded during the day was 1842 in over 228 trades.

The stock hit an intraday high of Rs. 817.75 and intraday low of 785.25. The net turnover during the day was Rs. 1466586.

Source : Equity Bulls

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