Strides Arcolab Ltd has allotted 30,400 fully paid equity shares of Rs. 10/- each on conversion of employee stock options under Strides Arcolab ESOP Schemes.
Consequent to the above allotment, the paid-up equity share capital of the Company has increased from Rs. 584,711,710/- consisting of 58,471,171 equity shares of Rs. 10/- each to Rs. 585,015,710/- consisting of 58,501,571 equity shares of Rs. 10/- each.
The Strides Arcolab Ltd stock closed the day at Rs.548.75, down by Rs.0.35 or 0.06%. The stock hit an intraday high of Rs.564.25 and low of Rs.546.20.
The total traded quantity was 0.77 lakhs compared to 2 week average of 0.74 lakhs.