Lupin Ltd approves allotment of shares under ESOP

The Allotment Committee of Directors of Lupin Ltd at its meeting held on December 13, 2016 has allotted 71554 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company.

In view of the above, the issued and paid up capital of the Company has been increased to Rs. 90,28,17,380 consisting 45,14,08,690 equity shares of Rs. 2/- each.

Shares of LUPIN LTD. was last trading in BSE at Rs.1486.15 as compared to the previous close of Rs. 1492.1. The total number of shares traded during the day was 34428 in over 1915 trades.

The stock hit an intraday high of Rs. 1509 and intraday low of 1482.4. The net turnover during the day was Rs. 51335371.

Source : Equity Bulls

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