Ramco Systems Ltd allots 7283 shares

The Allotment Committee of the Board of Directors of Ramco Systems Ltd at its meeting held today, has approved an allotment of 7,283 equity shares of Rs.10/- each, being the exercise of 1,125 equity stock options under the Employee Stock Option Scheme, 2009 Plan A (ESOS 2009 - Plan A), 3,907 equity stock options under the Employee Stock Option Scheme, 2009 - Plan B (ESOS 2009 - Plan B) and 2,251 equity stock options under the Employee Stock Option Scheme, 2013 (ESOS 2013).

Consequent to this the paid up equity share capital has increased from 30,405,339 equity shares of Rs. 10/- each to 30,412,622 equity shares of Rs. 10/- each.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.411.9 as compared to the previous close of Rs. 399.8. The total number of shares traded during the day was 24327 in over 992 trades.

The stock hit an intraday high of Rs. 423.05 and intraday low of 403.5. The net turnover during the day was Rs. 10111004.

Source : Equity Bulls

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