JM Financial Ltd allots 1659799 Equity Shares

Pursuant to the exercise of Stock Options by the eligible employees under the Employees' Stock Option Scheme, the Allotment Committee of the Board of JM Financial Ltd, at its meeting held on April 16, 2015, has allotted 16,59,799 equity shares of the face value of Re. 1/- (Rupee One Only) each.

Subsequent to the allotment of equity shares as above, the paid-up equity share capital of the Company is Rs. 78,53,83,476/- representing 78,53,83,476 equity shares of the face value of Re. 1/- each.

Shares of JM FINANCIAL LTD. was last trading in BSE at Rs.49 as compared to the previous close of Rs. 50.1. The total number of shares traded during the day was 58978 in over 780 trades.

The stock hit an intraday high of Rs. 51 and intraday low of 48.55. The net turnover during the day was Rs. 2934892.

Source : Equity Bulls

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