Godrej Properties Limited allots 6095 shares

Pursuant to the provisions of the Godrej Properties Limited Employees Stock Grant Scheme, 2011 (the 'GPL ESGS'), the option grantees have exercised 6,095 stock grants equivalent to 6,095 Equity Shares of face value of Rs. 5/- each of the Company (the 'Equity Shares') during the exercise period.

Accordingly, the duly authorised Allotment Committee of the Board of Directors of the Company has at its meeting held on August 24, 2017, allotted 6,095 Equity Shares of Rs.5/- per Equity Share to the option grantees in terms of the GPL ESGS.

Consequently, with effect from August 24, 2017, the issued, subscribed and paid up capital of the Company stands increased to Rs. 1,08,23,82,705/- consisting of 21,64,76,541 equity shares of Rs. 5/- each.

Shares of Godrej Properties Ltd was last trading in BSE at Rs.519.15 as compared to the previous close of Rs. 509.7. The total number of shares traded during the day was 31529 in over 739 trades.

The stock hit an intraday high of Rs. 520.5 and intraday low of 511.75. The net turnover during the day was Rs. 16230989.

Source : Equity Bulls

Keywords