Rajoo Engineers to allot 2310750 shares on preferential basis

Rajoo Engineers Ltd has announced that the Board of Directors of the Company at its meeting held on July 15, 2010, inter alia, has approved allotment of Equity Shares issued on preferential basis as per the list placed before the meeting. The Board has allotted 23,10,750/- (Twenty three lac ten thousand seven hundred fifty) equity shares of Re. 1/- each.

The stock closed the day at Rs.17.90, up by Rs.0.37 or 2.11%. The stock hit an intraday high of Rs.18.05 and low of Rs.17.53.

The total traded quantity was 206687 compared to 2 week average of 118925.

Source : Equity Bulls

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