Punj Lloyd Ltd allots 1020000 shares

The Committee of Directors of Punj Lloyd Ltd in its meeting held on April 26, 2017 have allotted 10,20,000 Equity Shares on exercise of vested Employee Stock Options by certain employees.

7,70,000 equity shares of the Company of face value of Rs. 2/- each at a Price of Rs. 2/- per equity share were allotted under third grant of ESOP 2005.

2,50,000 equity shares of the Company of face value of Rs. 2/- each at a price of Rs. 2/- per equity share were allotted under seventh grant of ESOP 2006.

Shares of PUNJ LLOYD LTD. was last trading in BSE at Rs.22.45 as compared to the previous close of Rs. 22.9. The total number of shares traded during the day was 379382 in over 732 trades.

The stock hit an intraday high of Rs. 23.15 and intraday low of 22.2. The net turnover during the day was Rs. 8582060.

Source : Equity Bulls

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