Info Edge India Ltd allots 150000 shares

The Committee of Executive Directors of Info Edge India Ltd at its meeting held today i.e. June 8, 2018 has approved the allotment of 1,50,000 equity shares of face value of Rs.10/- each to the Info Edge Employee Stock Option Plan Trust at Rs. 10/- per share. These shares shall rank pari passu with the existing equity shares of the Company, in all respects.

With this allotment, the paid-up capital of the Company will accordingly increase from Rs. 1,217,661,590 (121,766,159 equity shares of Rs. 10/- each) to Rs. 1,219,161,590 (121,916,159 equity shares of Rs. 10/- each).

Shares of INFO EDGE (INDIA) LTD. was last trading in BSE at Rs.1199 as compared to the previous close of Rs. 1208.4. The total number of shares traded during the day was 160 in over 32 trades.

The stock hit an intraday high of Rs. 1217.95 and intraday low of 1196. The net turnover during the day was Rs. 192794.

Source : Equity Bulls

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