Balrampur Chini Mills Ltd allots 18700 Equity Shares pursuant to Employee Stock Option Scheme of the Company

Balrampur Chini Mills Ltd has on September 23, 2016, allotted 18,700 Equity Shares of Rs. 1 each of the Company at a price of Rs. 45 per share (including premium of Rs. 44 per share) to the eligible employees on exercise of stock options pursuant to Employee Stock Option Scheme of the Company.

Post the above allotment, the paid-up equity capital of the Company would stand at Rs. 245006967 consisting of 245006967 Equity Shares of Rs. 1 each.

Shares of BALRAMPUR CHINI MILLS LTD. was last trading in BSE at Rs.112.35 as compared to the previous close of Rs. 113.3. The total number of shares traded during the day was 285680 in over 2707 trades.

The stock hit an intraday high of Rs. 114.75 and intraday low of 112.1. The net turnover during the day was Rs. 32384087.

Source : Equity Bulls

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