Pidilite Industries Ltd approves allotment Of 7400 Equity Shares

The ESOP Allotment Committee of the Board of Directors of Pidilite Industries Ltd at its meeting held on 3rd March, 2017 i.e. today has, in accordance with the terms of ESOS-2012 Scheme, allotted 7,400 equity shares of face value of Re.1/- each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock option under ESOS-2012.

These shares shall rank pari passu, in all respects with the existing equity shares of the Company. After allotment of aforesaid equity shares, the share capital of the Company stands increased from 51,26,75,330 to 51,26,82,730.

Shares of PIDILITE INDUSTRIES LTD. was last trading in BSE at Rs.676.25 as compared to the previous close of Rs. 682.55. The total number of shares traded during the day was 37950 in over 1240 trades.

The stock hit an intraday high of Rs. 681.3 and intraday low of 672.35. The net turnover during the day was Rs. 25616929.

Source : Equity Bulls

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