India Cements Ltd allots 709500 shares

The Compensation Committee of the Board of Directors of India Cements Ltd at its meeting held today, has allotted 7,09,500 Equity Shares of RS.10/- each fully paid-up at a premium of Rs.40/- per share to the employees who have exercised their stock options under ESOS 2016.

Consequently, the Paid-up Equity Share Capital of our Company has gone up from RS.308.15 crores to RS.308.86 crores.

Shares of INDIA CEMENTS LTD. was last trading in BSE at Rs.142.5 as compared to the previous close of Rs. 146.9. The total number of shares traded during the day was 244880 in over 1733 trades.

The stock hit an intraday high of Rs. 148.3 and intraday low of 141.4. The net turnover during the day was Rs. 35309964.

Source : Equity Bulls

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