Eros International Media Ltd allots 13000 shares

The Nomination & Remuneration Committee of Eros International Media Ltd vide its resolution passed on November 3, 2017 have approved the issue and allotment of 13,000 equity shares of Rs. 10/- each to an employee against exercise of stock options granted to him, in accordance with SEBI (Share Based Employee Benefits) Regulation, 2014 & Eros International Media Limited - Employee Stock Option Scheme 2009.

The Company have already received in-principle approval for listing of the equity shares against exercise of stock options. However, the Company shall file an application for listing of above shares on receipt of credit confirmation from CDSL and NSDL.

Shares of EROS INTERNATIONAL MEDIA LTD. was last trading in BSE at Rs.215.7 as compared to the previous close of Rs. 217.65. The total number of shares traded during the day was 74940 in over 1118 trades.

The stock hit an intraday high of Rs. 221.95 and intraday low of 215. The net turnover during the day was Rs. 16308828.

Source : Equity Bulls

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