Jubilant Industries Ltd allots 28470 Equity Shares under JIL Employees Stock Option Scheme, 2013

The Nomination, Remuneration and Compensation Committee of Board of Directors of Jubilant Industries Ltd has vide its circular resolution dated September 23, 2016 allotted 28,470 Equity Shares of Rs. 10/- each (total amount realized Rs. 29,32,224.60) to the Option Grantee(s), pursuant to the exercise of 28,470 Stock Options granted under the JIL Employees Stock Option Scheme, 2013.

Post this allotment, the Equity Share Capital of the Company stand increased to 1,19,15,070 Equity Shares of Rs. 10/- each aggregating to Rs. 11,91,50,700.

Shares of JUBILANT INDUSTRIES LTD. was last trading in BSE at Rs.219 as compared to the previous close of Rs. 224.1. The total number of shares traded during the day was 20165 in over 725 trades.

The stock hit an intraday high of Rs. 230 and intraday low of 218. The net turnover during the day was Rs. 4514610.

Source : Equity Bulls

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