Tayo Rolls Ltd to allot 6 lakh NCRPS

The Committee of the Board of Tayo Rolls Ltd at their meeting held on November 16, 2016 have decided to allot 6,00,000 (six lakh only) 7.17% Non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each aggregating to Rs. 6,00,00,000/- (Rupees six crore only) to Tata Steel Limited, the Promoter on Preferential basis.

Shares of TAYO ROLLS LTD. was last trading in BSE at Rs.44.05 as compared to the previous close of Rs. 45.1. The total number of shares traded during the day was 973 in over 12 trades.

The stock hit an intraday high of Rs. 48.65 and intraday low of 43.1. The net turnover during the day was Rs. 43625.

Source : Equity Bulls

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