Equitas Holdings Ltd approves allotment of 1,59,458 equity shares

The Stakeholders Relationship Committee (SRC) of the Board of Directors of Equitas Holdings Ltd has, on June 25, 2018, approved allotment of 1,59,458 equity shares of Rs. 10/- each to the option grantees who have exercised their Employee Stock Options. 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 accordingly increases from Rs. 340,66,54,820/- to Rs. 340,82,49,400/-.

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.143 as compared to the previous close of Rs. 146.9. The total number of shares traded during the day was 57021 in over 596 trades.

The stock hit an intraday high of Rs. 147.35 and intraday low of 142.35. The net turnover during the day was Rs. 8281889.

Source : Equity Bulls

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