Capital First Ltd approves allotment of 37500 Shares

The Allotment Committee of the Board of Directors of Capital First Ltd through a resolution passed at its meeting held on January 24, 2017, has allotted 37,500 equity shares of Rs.10/- each fully paid up to the allottees upon exercise of stock options pursuant to the various CFL - Employee Stock Option Schemes.

With the allotment of the above shares, the equity base of the Company stands increased from present level of 9,73,78,319 (Nos.) to 9,74,15,819 (Nos.)equity shares of Rs.10/- each.

Further, 9000 Stock Options granted under the various CFL - Employee Stock Option Schemes stands cancelled and the said stock options shall be available for grant / re-issue under the said Schemes.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.627.75 as compared to the previous close of Rs. 591.5. The total number of shares traded during the day was 64003 in over 2407 trades.

The stock hit an intraday high of Rs. 631 and intraday low of 595. The net turnover during the day was Rs. 39648943.

Source : Equity Bulls

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