Balrampur Chini Mills Ltd allots 15500 Equity Shares pursuant to Employee Stock Option Scheme

Balrampur Chini Mills Ltd has on March 16, 2016, allotted 15500 Equity Shares of Re. 1 each of the Company at a price of Rs. 45 per share (including premium of Rs. 44 per share) to the eligible employees on exercise of stock options pursuant to Employee Stock Option Scheme of the Company.

Post the above allotment, the paid-up equity share capital of the Company would stand at Rs. 244949767/- consisting of 244949767 Equity Shares of Re. 1 each.

Shares of BALRAMPUR CHINI MILLS LTD. was last trading in BSE at Rs.97.65 as compared to the previous close of Rs. 98.8. The total number of shares traded during the day was 839159 in over 6963 trades.

The stock hit an intraday high of Rs. 101 and intraday low of 96.6. The net turnover during the day was Rs. 82737556.

Source : Equity Bulls

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