Coromandel International allots 137884 Equity Shares

The Share Transfer & Investors' Grievance Committee of Coromandel International Ltd have on March 15, 2012, allotted 137884 equity shares of Re. 1/- each fully paid to the employees pursuant to ESOP 2007. Consequent to this allotment, the issued and paid up capital of the Company stands revised to 282569542 equity shares of Re. 1/- each fully paid amounting to Rs. 282569542/-.

The Coromandel International Ltd stock was trading at Rs.307.45, up by Rs.6.40 or 2.13%. The stock hit an intraday high of Rs.313.90 and low of Rs.302.05.

The total traded quantity was 0.36 lakhs compared to 2 week average of 0.23 lakhs.

Source : Equity Bulls

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