Tayo Rolls Ltd allots 427000 CRPS

The Board of Directors of Tayo Rolls Ltd at their meeting held today has allotted 4,27,000 (four lakh twenty seven thousand only) 7% Non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each aggregating to Rs. 4,27,00,000/- (Rupees four crore twenty seven lakh only) to Tata Steel Limited, the Promoter on Preferential basis.

Shares of TAYO ROLLS LTD. was last trading in BSE at Rs.60 as compared to the previous close of Rs. 55.2. The total number of shares traded during the day was 27758 in over 174 trades.

The stock hit an intraday high of Rs. 61.8 and intraday low of 57. The net turnover during the day was Rs. 1677441.

Source : Equity Bulls

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