Idea Cellular Ltd approves allotment of 101088 Equity Shares under ESOS, 2006

The Nomination and Remuneration Committee of Idea Cellular Ltd at its meeting held on October 24, 2016, has allotted 101,088 Equity Shares of Rs.10/- each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006).

Further, post the said allotment, the Equity Share Capital of the Company stands increased to Rs. 3601,13,23,270/- comprising of 360,11,32,327 equity shares of Rs.10/- each.

Shares of IDEA CELLULAR LTD. was last trading in BSE at Rs.75.4 as compared to the previous close of Rs. 77. The total number of shares traded during the day was 1235415 in over 5466 trades.

The stock hit an intraday high of Rs. 76.95 and intraday low of 74.05. The net turnover during the day was Rs. 93084275.

Source : Equity Bulls

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