Balrampur Chini Mills Ltd approves allotment of 3500 Equity Shares pursuant to Employee Stock Option

Balrampur Chini Mills Ltd has on December 16, 2016, allotted 3,500 Equity Shares of Rs.1 each of the Company at a price of Rs. 45 per share (including premium of Rs. 44 per share) to the eligible employees on exercise of stock options pursuant to Employee Stock Option Scheme of the Company.

Post the above allotment, the paid-up equity capital of the Company would stand at Rs. 245010467 consisting of 245010467 Equity Shares of Rs. 1 each.

Shares of BALRAMPUR CHINI MILLS LTD. was last trading in BSE at Rs.118.6 as compared to the previous close of Rs. 118.7. The total number of shares traded during the day was 52545 in over 374 trades.

The stock hit an intraday high of Rs. 119.5 and intraday low of 117.6. The net turnover during the day was Rs. 6240802.

Source : Equity Bulls

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