HIL Ltd allots 8780 shares

The Nomination & Remuneration cum Compensation Committee ('Committee') of HIL Ltd has approved the following through circular resolution dated August 20, 2018.

The committee approved the allotment of 8,780 Equity Shares of Rs. 10/- each to the eligible employees as fully paid up under the HIL Employee Stock Option Scheme, 2015 (as amended).

Upon the above said allotment, the paid up share capital of the Company has increased to 74,71,343 equity shares of Rs. 10 each (Rs. 7,47,13,430) from 74,62,563 equity shares of Rs. 10 each (Rs. 7,46,25,630).

Shares of HIL LTD. was last trading in BSE at Rs.2182.4 as compared to the previous close of Rs. 2194.35. The total number of shares traded during the day was 1608 in over 205 trades.

The stock hit an intraday high of Rs. 2194.5 and intraday low of 2128. The net turnover during the day was Rs. 3492084.

Source : Equity Bulls

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