Saregama India Ltd allots 7554 equity shares

The Nomination and Remuneration Committee of Saregama India Ltd vide circular resolution passed on August 28, 2017 allotted 7,554 equity shares of face value of Rs.10/- each to the eligible Employees of the Company who have exercised their stock options under the Saregama Employees Stock Option Scheme 2013. These shares shall rank paripassu with the existing equity shares of the Company in all respects.

With this allotment, the paid up capital of the Company has increased to Rs. 17,41,04,920 divided into 1,74,10,492 equity shares of face value of Rs.10/- each.

Shares of SAREGAMA INDIA LTD. was last trading in BSE at Rs.426.85 as compared to the previous close of Rs. 394.45. The total number of shares traded during the day was 103994 in over 3008 trades.

The stock hit an intraday high of Rs. 432 and intraday low of 389.25. The net turnover during the day was Rs. 43435887.

Source : Equity Bulls

Keywords