Ramco Systems Ltd allots 10413 shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held on November 25, 2016 has approved an allotment of 10,413 equity shares of Rs.10/- each, being the exercise of 2,644 equity stock options under the Employee Stock Option Scheme, 2009 - Plan A, (ESOS 2009 - Plan A), 4,993 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 2,776 equity stock options under the Employee Stock Option Scheme, 2013 (ESOS 2013). Consequent to this the paid up equity share capital has increased from 30,118,940 equity shares of Rs. 10/- each to 30,129,353 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.313.3 as compared to the previous close of Rs. 318.55. The total number of shares traded during the day was 7987 in over 531 trades.

The stock hit an intraday high of Rs. 326 and intraday low of 313.05. The net turnover during the day was Rs. 2539645.

Source : Equity Bulls

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