UltraTech Cement Ltd announces exercise of 16534 options granted under Employees Stock Option Scheme

The Nomination, Remuneration and Compensation Committee of UltraTech Cement Ltd has on December 06, 2016 allotted 16,534 equity shares of Rs. 10/- of the Company to Option Grantees upon exercise of stock options under the Company's Employee Stock Option Scheme.

On allotment, the equity share capital of the Company stands increased to 27,44,69,973 equity shares of Rs. 10/- each aggregating to Rs. 2,74,46,99,730/-.

Shares of ULTRATECH CEMENT LTD. was last trading in BSE at Rs.3580 as compared to the previous close of Rs. 3589.45. The total number of shares traded during the day was 31975 in over 1122 trades.

The stock hit an intraday high of Rs. 3608.45 and intraday low of 3555.85. The net turnover during the day was Rs. 115173950.

Source : Equity Bulls

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