Rajoo Engineers Ltd allots 25 lakhs equity shares

Rajoo Engineers Ltd has approved the allotment of 25,00,000 Equity Shares of Re. 1/- each up on conversion of the Convertible Warrants as earlier issued and allotted on preferential basis to Promoter and Individual other than promoters under the provisions of Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and Sections 62 and 42 of the Companies Act, 2013 (Including the rules made thereunder).

Shares of RAJOO ENGINEERS LTD. was last trading in BSE at Rs.35.1 as compared to the previous close of Rs. 35.3. The total number of shares traded during the day was 44082 in over 188 trades.

The stock hit an intraday high of Rs. 36 and intraday low of 33.5. The net turnover during the day was Rs. 1554045.

Source : Equity Bulls

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