Kwality Ltd approves allotment of 4,88,900 Equity Shares

The Securities Allotment Committee of Kwality Ltd in its meeting held on April 07, 2017, has approved an allotment of 4,88,900 Equity Shares of the face value of Re 1/- each, being the exercise of 4,88,900 Stock Options under Kwality Employee Stock Option Plan 2014.

Consequent to this, the existing Paid-up Capital of 23,73,55,554 Shares has increased to 23,78,44,454. The new shares shall rank pari-passu in all respects with the existing capital of the Company.

Shares of Kwality Limited was last trading in BSE at Rs.162.8 as compared to the previous close of Rs. 162.1. The total number of shares traded during the day was 437432 in over 2744 trades.

The stock hit an intraday high of Rs. 165.3 and intraday low of 161.55. The net turnover during the day was Rs. 71578113.

Source : Equity Bulls

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