Nagarjuna Agrichem Ltd allots 232500 shares

The Compensation Committee of Nagarjuna Agrichem Ltd, in its meeting held on November 21, 2016 has allotted 2,32,500 equity shares of Rs. 1/- each to the grantees, upon exercise of 2,32,500 options pursuant to 'Nagarjuna Agrichem Ltd - Employee Stock Option Scheme-2015'. The said shares shall rank pari-passu with the existing equity shares of the Company in all respects.

Upon the aforesaid allotment, the equity share capital of the Company stands increased to 15,61,44,008 equity shares of Rs. 1/- each aggregating to Rs. 15,61,44,008/-.

Shares of NAGARJUNA AGRICHEM LTD. was last trading in BSE at Rs.16.7 as compared to the previous close of Rs. 17. The total number of shares traded during the day was 308243 in over 207 trades.

The stock hit an intraday high of Rs. 17.2 and intraday low of 16.65. The net turnover during the day was Rs. 5227994.

Source : Equity Bulls

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