JM Financial Ltd Grants 1255515 Stock Options to Eligible Employees

The Nomination and Remuneration Committee of the Board of JM Financial Ltd at its meeting held on May 12, 2016, has approved the grant of 12,55,515 options giving rise to the issuance of equivalent number of equity shares of the face value of Rs. 1/- each of the Company to the eligible employees.

Shares of JM FINANCIAL LTD. was last trading in BSE at Rs.42.95 as compared to the previous close of Rs. 41.7. The total number of shares traded during the day was 361187 in over 2695 trades.

The stock hit an intraday high of Rs. 44.7 and intraday low of 41.6. The net turnover during the day was Rs. 15658458.

Source : Equity Bulls

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