Sadbhav Engineering Ltd allots 37000 Equity Shares

The Nomination and Remuneration Committee of Sadbhav Engineering Ltd has allotted 37000 equity shares of Re.1/- each to the eligible employees on exercise of stock options under the "Sadbhav Employee Stock Option Scheme 2008 (ESOS Scheme 2008)".

Post allotment, the paid up Equity Share Capital of the Company would stands at 17,15,70,800 equity shares of Re.1/- each aggregating to Rs. 17,15,70,800/-.

Shares of SADBHAV ENGINEERING LTD. was last trading in BSE at Rs.281.4 as compared to the previous close of Rs. 277.15. The total number of shares traded during the day was 8800 in over 356 trades.

The stock hit an intraday high of Rs. 281.6 and intraday low of 276. The net turnover during the day was Rs. 2456369.

Source : Equity Bulls

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