ITC allots 10194740 Shares under Employee Stock Option Schemes

ITC Ltd has on March 15, 2012 issued and allotted 1,01,94,740 Ordinary Shares of Rs. 1/- each, upon exercise of 10,19,474 Options by Optionees under the Company's Employee Stock Option Schemes.

Consequently, with effect from March 15, 2012, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 781,84,24,300/- divided into 781,84,24,300 Ordinary Shares of Rs. 1/- each.

The ITC Ltd stock was trading at Rs.222.80, up by Rs.2.35 or 1.07%. The stock hit an intraday high of Rs.224.25 and low of Rs.219.25.

The total traded quantity was 10.40 lakhs compared to 2 week average of 13.95 lakhs.

Source : Equity Bulls

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