Radha Madhav Corporation Ltd allots 35 lakh shares

The Board of Directors of Radha Madhav Corporation Ltd at its meeting held on November 20, 2015, have allotted 35,00,000 equity shares of Rs. 10 each at a premium of Rs. 2.50 per equity share to warrant holders upon conversion of 35,00,000 warrants. The warrants were held by both Promoter and Non-Promoter shareholders.

Shares of RADHA MADHAV CORPORATION LTD. was last trading in BSE at Rs.22.2 as compared to the previous close of Rs. 22.9. The total number of shares traded during the day was 57384 in over 455 trades.

The stock hit an intraday high of Rs. 23.45 and intraday low of 21.95. The net turnover during the day was Rs. 1288448.

Source : Equity Bulls

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