Cipla Ltd approves allotment of 36196 equity shares

The Nomination and Remuneration Committee of Cipla Ltd on June 21, 2016 allotted 36,196 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantee under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,60,92,16,374 comprising of 80,46,08,187 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,72,09,584 comprising of 80,36,04,792 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.482.85 as compared to the previous close of Rs. 486.65. The total number of shares traded during the day was 88263 in over 2520 trades.

The stock hit an intraday high of Rs. 489.7 and intraday low of 480.75. The net turnover during the day was Rs. 42749554.

Source : Equity Bulls

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