Cipla Ltd approves allotment of 63483 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on December 18, 2015 allotted 63,483 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantees under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,60,84,84,482 comprising of 80,42,42,241 equity shares of face value Rs.2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,64,77,692 comprising of 80,32,38,846 equity shares of face value Rs.2/-each.

Shares of CIPLA LTD. was last trading in BSE at Rs.642.15 as compared to the previous close of Rs. 643.1. The total number of shares traded during the day was 40180 in over 2012 trades.

The stock hit an intraday high of Rs. 648.75 and intraday low of 640.15. The net turnover during the day was Rs. 25896420.

Source : Equity Bulls

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