A2Z Infra Engineering Limited approves allotment of 471000 shares

The meeting of the Nomination & Remuneration Committee of the Board of Directors of A2Z Infra Engineering Limited duly held on Thursday, the 21st September, 2017 has approved the allotment of 4,71,000 equity shares of face value of INR 10/- each to the eligible employees of the Company who have exercised their stock options under the A2Z Employee Stock Option Plan 2013 (hereinafter after referred as 'Plan I') & A2Z Employee Stock Option Plan 2014 (hereinafter after referred as 'Plan II'). The allotted shares shall rank pari-passu with the existing equity shares of the Company, in all respects.

Further Consequent to the allotment, the paid up capital of the Company shall be INR 145,54,54,740/- divided into 14,55,45,474 equity shares of face value of INR 10/- each.

Shares of A2Z MAINTENANCE & ENGINEERING SERVICES LTD. was last trading in BSE at Rs.42.7 as compared to the previous close of Rs. 36.7. The total number of shares traded during the day was 3011285 in over 8467 trades.

The stock hit an intraday high of Rs. 44 and intraday low of 35.85. The net turnover during the day was Rs. 125904323.

Source : Equity Bulls

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