Cipla Ltd allots 600000 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on September 01, 2016 allotted 6,00,000 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantee under Employee Stock Option Scheme 2013.

Consequently, the issued share capital of the Company stands increased to Rs. 1,61,04,27,732 comprising of 80,52,13,866 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,84,20,942 comprising of 80,42,10,471 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.577.8 as compared to the previous close of Rs. 577.55. The total number of shares traded during the day was 161082 in over 3469 trades.

The stock hit an intraday high of Rs. 581.15 and intraday low of 572. The net turnover during the day was Rs. 92590555.

Source : Equity Bulls

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