The Nomination & Remuneration Committee of EROS International Media Ltd vide its resolution passed on October 16, 2017 have approved the issue and allotment of 12,671 equity shares of Rs. 10/- each to the employees against exercise of stock options granted to them, in accordance with SEBI (Share Based Employee Benefits) Regulation, 2014 & Eros International Media Limited - Employee Stock Option Scheme 2009.
The Company have already received in-principle approval for listing of the equity shares against exercise of stock options. However, the Company shall file an application for listing of above shares on receipt of credit confirmation from CDSL and NSDL.
Shares of EROS INTERNATIONAL MEDIA LTD. was last trading in BSE at Rs.221.65 as compared to the previous close of Rs. 220. The total number of shares traded during the day was 127951 in over 1853 trades.
The stock hit an intraday high of Rs. 224 and intraday low of 217.5. The net turnover during the day was Rs. 28128232.