Centum Electronics Ltd allots 45731 shares

The Board of Directors of Centum Electronics Ltd at its meeting held on May 27, 2016, have considered and approved the allotment of 45,731 equity shares to the employees pursuant to exercise of stock options granted to them under Centum ESOP 2007 & ESOP 2013 Plan.

The employees as listed in the enclosed have been allotted the shares and disclosure is being made in compliance with regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations and other applicable laws including Takeover Code.

Shares of CENTUM ELECTRONICS LTD. was last trading in BSE at Rs.501.1 as compared to the previous close of Rs. 494.8. The total number of shares traded during the day was 3015 in over 148 trades.

The stock hit an intraday high of Rs. 505 and intraday low of 478. The net turnover during the day was Rs. 1485286.

Source : Equity Bulls

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