Indian Terrain Fashions Ltd approves allotment of 780000 shares

The Board of Directors of Indian Terrain Fashions Ltd at its meeting held on February 10, 2016, has approved the allotment of 7,80,000 Equity Shares of the Company to Mr. Charath Narsimhan, Chief Executive officer, pursuant to exercise of options granted under ESOP 2011. Consequent to the said allotment the paid up equity share capital of the company has increased to Rs. 7,34,22,600 consisting 3,67,11,300 equity shares of Rs. 2/- each.

Shares of INDIAN TERRAIN FASHIONS LTD. was last trading in BSE at Rs.112.9 as compared to the previous close of Rs. 110.9. The total number of shares traded during the day was 11020 in over 230 trades.

The stock hit an intraday high of Rs. 113 and intraday low of 105. The net turnover during the day was Rs. 1180924.

Source : Equity Bulls

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