Equitas Holdings Ltd allots 3,68,479 equity shares

The Stakeholders Relationship Committee (SRC) of the Board of Directors of Equitas Holdings Ltd has, on February 19, 2018, approved allotment of 3,68,479 equity shares of Rs.10/- each to the option grantees who have exercised their Employee Stock Options vide Resolution by Circulation dated February 16, 2018. The Company is in the process of applying for final listing of the above shares on NSE and BSE to complete the rest of the issue formalities.

The paid up share capital of the Company will accordingly increase from Rs.339,90,16,990 to Rs.340,27,01,780/-.

The new equity shares issued shall rank pari passu with existing equity shares.

Shares of Equitas Holdings Ltd was last trading in BSE at Rs.144.9 as compared to the previous close of Rs. 146.7. The total number of shares traded during the day was 86113 in over 868 trades.

The stock hit an intraday high of Rs. 148.45 and intraday low of 143.7. The net turnover during the day was Rs. 12535806.

Source : Equity Bulls

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