D B Corp Ltd approves allotment of 15,421 Shares

The Compensation Committee of the Board of Directors of D B Corp Ltd has allotted 15,421 shares of Rs. 10/- each on exercise of 15,421 stock options under DBCL-ESOS- 2010 and DBCL-ESOS- 2011 – Tranches 3, 4 and 5 Schemes to its employees covered under the scheme.

The existing Issued and Paid-up Capital (Equity Shares of Rs. 10/- each) is 18,39,07,079 and the shares allotted / increased by (Equity Shares of Rs. 10/- each) is 15,421. The Revised Issued and Paid-up Capital (Equity Shares of Rs. 10/- each) is 18,39,22,500.

The new equity shares rank pari passu in all respects with the existing capital. The company have already received the 'in-principle approval' from the stock exchange for listing of these shares under the said respective Scheme.

Shares of D B Corp Ltd was last trading in BSE at Rs.367.85 as compared to the previous close of Rs. 368.15. The total number of shares traded during the day was 4895 in over 257 trades.

The stock hit an intraday high of Rs. 370.9 and intraday low of 355. The net turnover during the day was Rs. 1773048.

Source : Equity Bulls

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