Cipla Ltd approves allotment of 72301 equity shares

The Nomination and Remuneration Committee of Cipla Ltd on April 26, 2016 allotted 72,301 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. 1,60,89,19,956 comprising of 80,44,59,978 equity shares of face value of Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,69,13,166 comprising of 80,34,56,583 equity shares of face value of Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.527.05 as compared to the previous close of Rs. 538.5. The total number of shares traded during the day was 332611 in over 4432 trades.

The stock hit an intraday high of Rs. 544.75 and intraday low of 525.95. The net turnover during the day was Rs. 176096428.

Source : Equity Bulls

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