Steel Strips Wheels Ltd allots 22750 shares

Steel Strips Wheels Ltd has allotted 22750 Equity shares Rs.10/- each for cash, at an exercise price of Rs. 100/- per share to the employees of the Company upon exercise of their options under Steel Strips Wheels Ltd. – Employee Stock Option Scheme, 2014 (ESOS 2014).

With the said allotment, the Issued and Paid up Capital of the Company increased from Rs. 155335200/- to Rs. 155562700/- comprising 15556270 equity shares of Rs. 10/-each.

Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.891.95 as compared to the previous close of Rs. 899.25. The total number of shares traded during the day was 1021 in over 150 trades.

The stock hit an intraday high of Rs. 911.7 and intraday low of 887.25. The net turnover during the day was Rs. 914595.

Source : Equity Bulls

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