Idea Cellular Ltd allots 510684 Equity Shares

The ESOS Compensation Committee of Idea Cellular Ltd had at its meeting held on April 26, 2012, allotted 510,684 Equity Shares of Rs. 10/- each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006).

Further, post the said allotment, the Equity Share Capital of the Company stands increased to 3,309,355,794 equity shares of Rs.10/- each aggregating to Rs. 3309,35,57,940/-.

The Idea Cellular Ltd. stock was trading at Rs.82.85, down by Rs.0.45 or 0.54%. The stock hit an intraday high of Rs.85.30 and low of Rs.81.50.

The total traded quantity was 4.47 lakhs compared to 2 week average of 8.12 lakhs.

Source : Equity Bulls

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