Kanco Tea & Industries Ltd allots 3415218 shares

The Board of Directors of Kanco Tea & Industries Ltd has allotted 34,15,218 equity shares of Rs. 10/- each as fully-paid up bonus equity shares, in the ratio of 2 (two) new equity shares of Rs. 10/- each for every existing 1 (one) equity share of Rs. 10/- each held, to eligible members whose names appear on the register of members/list of beneficial owners as on August 23, 2017, being the record date fixed for this purpose.

Shares of KANCO TEA & INDUSTRIES LTD. was last trading in BSE at Rs.85.95 as compared to the previous close of Rs. 84.05. The total number of shares traded during the day was 402 in over 8 trades.

The stock hit an intraday high of Rs. 87.5 and intraday low of 85. The net turnover during the day was Rs. 34411.

Source : Equity Bulls

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