Idea Cellular Ltd approves allotment of 366900 Equity Shares

The Nomination and Remuneration Committee of Idea Cellular Ltd has vide its circular resolution dated December 26, 2016 allotted 366,900 Equity Shares of Rs. 10/- each to the Option Grantees, pursuant to the exercise of Stock Options granted under the Company's Employee Stock Option Scheme, 2006 (ESOS-2006).

Further, the Company has informed that post the said allotment, the Equity Share Capital of the Company stands increased to 3,60,16,89,265 equity shares of Rs. 10/- each aggregating to Rs. 36,01,68,92,650/-.

Shares of IDEA CELLULAR LTD. was last trading in BSE at Rs.70.2 as compared to the previous close of Rs. 69.4. The total number of shares traded during the day was 335901 in over 1659 trades.

The stock hit an intraday high of Rs. 70.45 and intraday low of 68.2. The net turnover during the day was Rs. 23264015.

Source : Equity Bulls

Keywords