Vivimed Labs Ltd allots 537500 shares

The Nomination and Remuneration Committee of the Board of Directors of Vivimed Labs Ltd through a resolution passed at its meeting held on 3rd November, 2017, has allotted 5,37,500 equity shares of Rs.2/- each fully paid up to the allottees upon exercise of stock options pursuant to Vivimed Labs ESOS 2010, With the allotment of the above shares, the equity base of the Company stands increased from present level of 81986415 (Nos.) to 82523915 (Nos.) equity shares of Rs.2/- each.

Shares of VIVIMED LABS LTD. was last trading in BSE at Rs.122 as compared to the previous close of Rs. 123.2. The total number of shares traded during the day was 85630 in over 771 trades.

The stock hit an intraday high of Rs. 124.85 and intraday low of 121.45. The net turnover during the day was Rs. 10542803.

Source : Equity Bulls

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