UltraTech Cement Ltd announces exercise of 10841 options granted under Employees Stock Option Scheme

The Nomination, Remuneration and Compensation Committee of UltraTech Cement Ltd has on January 16, 2017 allotted 10,841 equity shares of Rs. 10/- of the Company to Option Grantees upon exercise of stock options under the Company's Employee Stock Option Scheme.

On allotment, the equity share capital of the Company stands increased to 27,44,80,814 equity shares of Rs. 10/- each aggregating to Rs. 2,74,48,08,140/-.

Shares of ULTRATECH CEMENT LTD. was last trading in BSE at Rs.3331.1 as compared to the previous close of Rs. 3319.35. The total number of shares traded during the day was 5110 in over 894 trades.

The stock hit an intraday high of Rs. 3344 and intraday low of 3304.95. The net turnover during the day was Rs. 17021240.

Source : Equity Bulls

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