Strides Arcolab allots 2500 Equity Shares

Strides Arcolab Ltd has allotted 2,500 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. 585,377,710/- consisting of 58,537,771 equity shares of Rs. 10/- each to Rs. 585,402,710/- consisting of 58,540,271 equity shares of Rs. 10/- each.

The Strides Arcolab Ltd stock was trading at Rs.586.20, up by Rs.7.05 or 1.22%. The stock hit an intraday high of Rs.588.85 and low of Rs.575.20.

The total traded quantity was 0.11 lakhs compared to 2 week average of 0.50 lakhs.

Source : Equity Bulls

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