Rajeswari Foundations allots 250000 shares

Rajeswari Foundations Ltd has announced that the Board of Directors at their Meeting held on August 31, 2009 has made allotment of 2,50,000/- (Rupees Two Lakhs Fifty Thousand only) Equity shares of Rs. 10/- each per share aggregating Rs 25,00,000 fully paid-up as per the SEBI guidelines to others (Non - Promoter) on preferential basis.

The stock closed the day at Rs.18.40, down by Rs.0.95 or 4.91%. The stock hit an intraday high of Rs.20 and low of Rs.18.40.

The total traded quantity was 17008 compared to 2 week average of 7107.

Source : Equity Bulls

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