Sun Pharmaceutical Industries Ltd allots 25460 shares

The Allotment Committee of Directors of Sun Pharmaceutical Industries Ltd at its meeting held on May 02, 2016, allotted 25,460 (Twenty Five Thousand Four Hundred and Sixty) equity shares of the Company of Re. 1/- (Rupee One Only) each, on exercise of stock options under the Sun Employee Stock Option Scheme - 2015.

Accordingly, post the above allotment the paid-up equity share capital of the Company is Rs. 2,40,67,53,959/- (Rupees Two Hundred and Forty Crore Sixty Seven Lakh Fifty Three Thousand Nine Hundred and Fifty Nine Only) divided into 2,40,67,53,959 (Two Hundred and Forty Crore Sixty Seven Lakh Fifty Three Thousand Nine Hundred and Fifty Nine Only) equity shares of Re.1/- (Rupee One Only) each.

The meeting of the allotment Committee commenced at 4:00 p.m. and concluded at 4:35 p.m.

Shares of SUN PHARMACEUTICAL INDUSTRIES LTD. was last trading in BSE at Rs.812.15 as compared to the previous close of Rs. 811.3. The total number of shares traded during the day was 83442 in over 2958 trades.

The stock hit an intraday high of Rs. 816.15 and intraday low of 804.5. The net turnover during the day was Rs. 67654817.

Source : Equity Bulls

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