D B Corp Ltd approves allotment of 11,821 Shares

On April 21, 2017, the Compensation Committee of the Board of Directors of D B Corp Ltd has allotted 11,821 shares of Rs. 10/- each on exercise of 11,821 stock options under DBCL-ESOS- 2010 and DBCL-ESOS- 2011 - Tranches 1 and 4 Schemes to its employees covered under the scheme.

The details of the increase in the Issued and Paid-up Capital of the Company:

Existing Issued and Paid-up Capital (Equity Shares of Rs. 10/- each)- 18,38,95,258
Shares allotted / increased by (Equity Shares of Rs. 10/- each)- 11,821
Revised Issued and Paid-up Capital (Equity Shares of Rs. 10/- each) - 18,39,07,079

The new equity shares rank pari passu in all respects with the existing capital.

Shares of D B Corp Ltd was last trading in BSE at Rs.380.85 as compared to the previous close of Rs. 376.3. The total number of shares traded during the day was 1459 in over 47 trades.

The stock hit an intraday high of Rs. 380.85 and intraday low of 372.95. The net turnover during the day was Rs. 550659.

Source : Equity Bulls

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