Bajaj Electricals Ltd approves allotment of 46750 Equity Shares under ESOP

The Share Allotment Committee of Bajaj Electricals Ltd at its 36th meeting held on December 13, 2016, allotted 46,750 equity shares of Rs. 2 each, fully paid-up, in the Company to 17 Employee Stock Option Grantees on their exercise of options granted under ESOP.

Post this allotment, the Issued, Subscribed and Paid-up Capital of the Company now comprise of 10,12,23,926 equity shares of Rs. 2 each fully paid up amounting to Rs. 20,24,47,852/-.

Shares of BAJAJ ELECTRICALS LTD. was last trading in BSE at Rs.221.35 as compared to the previous close of Rs. 217.8. The total number of shares traded during the day was 15386 in over 446 trades.

The stock hit an intraday high of Rs. 225 and intraday low of 220. The net turnover during the day was Rs. 3436307.

Source : Equity Bulls

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