Lupin Ltd approves allotment of 27020 shares under ESOP

The Allotment Committee of Directors of Lupin Ltd at its meeting held on December 26, 2016 has allotted 27020 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. 90,28,71,420 consisting 45,14,35,710 equity shares of Rs. 2/- each.

Shares of LUPIN LTD. was last trading in BSE at Rs.1405.1 as compared to the previous close of Rs. 1445.35. The total number of shares traded during the day was 84619 in over 4876 trades.

The stock hit an intraday high of Rs. 1463.15 and intraday low of 1399. The net turnover during the day was Rs. 120828568.

Source : Equity Bulls

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