Carborundum Universal allots 2000 Shares under ESOP Scheme

Carborundum Universal Ltd has allotted 2,000 shares of Re. 1/- each arising out of the exercise of stock options, granted to its employees under the Employees Stock Option Scheme 2007 on February 09, 2012. The exercise price in respect of these options was Rs. 91.80/- per share.

With this allotment the number of equity shares outstanding is 187,383,562 and the paid-up capital equity share capital is Rs. 187,383,562/-.

The Carborundum Universal Ltd stock closed the day at Rs.157.95, up by Rs.4.50 or 2.93%. The stock hit an intraday high of Rs.158 and low of Rs.153.

The total traded quantity was 5218 compared to 2 week average of 18560.

Source : Equity Bulls

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