Cipla Ltd approves allotment of 127399 Equity Shares

The Nomination and Remuneration Committee of Cipla Ltd on December 16, 2016 allotted 1,27,399 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the option grantees under Employee Stock Option Scheme 2013-A.

Consequently, the issued share capital of the Company stands increased to Rs. 1,61,07,95,550 comprising of 80,53,97,775 equity shares of face value Rs. 2/- each. The paid-up & subscribed share capital of the Company stands increased to Rs. 1,60,87,88,760 comprising of 80,43,94,380 equity shares of face value Rs. 2/- each.

Shares of CIPLA LTD. was last trading in BSE at Rs.569 as compared to the previous close of Rs. 561.6. The total number of shares traded during the day was 45830 in over 1598 trades.

The stock hit an intraday high of Rs. 569.75 and intraday low of 561.25. The net turnover during the day was Rs. 25919684.

Source : Equity Bulls

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