Zee Learn Ltd approves allotment of 264825 Shares upon exercise of Stock Option

The ESOP Allotment Sub-Committee of Zee Learn Ltd at its meeting held on February 28, 2017 has approved allotment of total 2,64,825 equity shares consisting of 4,437 Equity Shares of Re.1/- at an exercise price of Rs. 20.85 per Equity Share; 10,388 Equity Shares of Re. 1/- at an exercise price of Rs. 35.25 per Equity Share; and 2,50,000 Equity Shares of Re.1/- at an exercise price of Rs. 31.80 per Equity Share under the ZLL ESOP 2010 - AMENDED 2015 Scheme.

Consequent to the above allotment, the paid up share capital of the Company has increased from 321,560,781 equity shares of Re. 1/- each aggregating Rs. 321,560,781/- to 321,825,606 equity shares of Re. 1/- each aggregating Rs. 321,825,606/-.

Shares of ZEE LEARN LTD. was last trading in BSE at Rs.45.2 as compared to the previous close of Rs. 44.85. The total number of shares traded during the day was 13473 in over 133 trades.

The stock hit an intraday high of Rs. 45.5 and intraday low of 44.75. The net turnover during the day was Rs. 606463.

Source : Equity Bulls

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