Essar Shipping Ltd allots 1748304 Equity Shares

On March 16, 2016, the Board of Directors of Essar Shipping Ltd has allotted 1748304 shares of Rs. 10/- each on exercise of 17,48,304 stock options under Essar Shipping Employee Stock Options Scheme -2011 to its employees covered under the scheme.

Shares of ESSAR SHIPPING LTD. was last trading in BSE at Rs.24.65 as compared to the previous close of Rs. 23.7. The total number of shares traded during the day was 14443 in over 80 trades.

The stock hit an intraday high of Rs. 26.5 and intraday low of 23.6. The net turnover during the day was Rs. 351990.

Source : Equity Bulls

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