Bajaj Electricals Ltd approves allotment of 1,20,500 Equity Shares on exercise of options granted under ESOP

The Share Allotment Committee of Bajaj Electricals Ltd at its 38th meeting held on June 19, 2017 allotted 1,20,500 equity shares of Rs.2 each, fully paid-up, in the Company to 27 Employee Stock Option Grantees on their exercise of options granted under ESOP.

Post this allotment, the Issued, Subscribed and Paid-up Capital of the Company now comprise of 10,14,10,676 equity shares of Rs.2 each fully paid up amounting to Rs.20,28,21,352/-.

Shares of BAJAJ ELECTRICALS LTD. was last trading in BSE at Rs.346.65 as compared to the previous close of Rs. 344.5. The total number of shares traded during the day was 12584 in over 370 trades.

The stock hit an intraday high of Rs. 349.85 and intraday low of 344.5. The net turnover during the day was Rs. 4369586.

Source : Equity Bulls

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