Ramco Systems Ltd allots 21154 shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on August 16, 2016 has approved an allotment of 21,154 equity shares of Rs.10/- each, being the exercise of 3,011 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A, (ESOS 2009 - Plan A), 4,068 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 14,075 equity stock options under the Employee Stock Option Scheme, 2013. Consequent to this the paid up equity share capital has increased from 30,061,586 equity shares of Rs. 10/- each to 30,082,740 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.526 as compared to the previous close of Rs. 524.25. The total number of shares traded during the day was 3323 in over 199 trades.

The stock hit an intraday high of Rs. 535 and intraday low of 522.4. The net turnover during the day was Rs. 1758227.

Source : Equity Bulls

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