Shriram City Union Finance Limited approves allotment of Equity Shares Under ESOP Scheme 2006

The Banking and Securities Management Committee as empowered by our board of directors of Shriram City Union Finance Limited in its meeting held on March 8, 2017 allotted 3,500 (negligible % of paid up equity share capital) Equity Shares of Rs 35 each (including Rs 25 as premium) to Sri A M Ramana and Ms Krithika Doraiswamy, employees of the Company who exercised their options under ESOP Scheme 2006.

As intimated by the said employees, the allotment of shares were made under regulation 7(2) under Chapter III of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015 and other applicable regulations.

Shares of SHRIRAM CITY UNION FINANCE LTD. was last trading in BSE at Rs.1937.95 as compared to the previous close of Rs. 1889. The total number of shares traded during the day was 844 in over 159 trades.

The stock hit an intraday high of Rs. 1937.95 and intraday low of 1882.25. The net turnover during the day was Rs. 1612366.

Source : Equity Bulls

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