Bajaj Electricals Ltd allots 1,71,675 equity shares

The Share Allotment Committee of Bajaj Electricals Ltd at its 40th meeting held on October 16, 2017 allotted 1,71,675 equity shares of Rs.2 each, fully paid-up, in the Company to 52 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 comprise of 10,16,97,026 equity shares of Rs.2 each fully paid up amounting to Rs.20,33,94,052/-.

Shares of BAJAJ ELECTRICALS LTD. was last trading in BSE at Rs.392.2 as compared to the previous close of Rs. 374.8. The total number of shares traded during the day was 79778 in over 1741 trades.

The stock hit an intraday high of Rs. 394.9 and intraday low of 376.6. The net turnover during the day was Rs. 31081977.

Source : Equity Bulls

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