Navin Fluorine International Ltd approves allotment of 4000 shares on exercise of Stock Options

The Nomination and Remuneration Committee of Navin Fluorine International Ltd have on December 27, 2016 allotted 4,000 equity shares of the face value of Rs. 10/- of the Company to the employee upon exercising Stock Options by him under the prevailing Employee Stock Option Scheme 2007 of the Company.

With this allotment, the paid-up capital of the Company has increased to Rs.9,78,98,415/- (9788386 equity shares of Rs.10 /- each fully paid-up and 2911 partly paid equity shares of Rs.10 /- each, on which Rs.5/- per share paid-up).

Shares of Navin Fluorine International Limited was last trading in BSE at Rs.2470 as compared to the previous close of Rs. 2410.05. The total number of shares traded during the day was 870 in over 147 trades.

The stock hit an intraday high of Rs. 2498.4 and intraday low of 2425.95. The net turnover during the day was Rs. 2141067.

Source : Equity Bulls

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