Rajapalayam Mills has informed that the sub-committee of the board of directors in its meeting held on November 25, 2011 has allotted 3,51,000 equity shares of Rs.10 each at the rate of Rs.234 per Share to P R Ramasubrahmaneya Rajha, chairman on preferential basis.
The above information is part of the company’s filing submitted to the BSE.