Eros International Media Ltd approves allotment of 218886 shares

The Nomination & Remuneration Committee of Eros International Media Ltd vide its resolution passed on November 23, 2018, have approved the issue and allotment of 218,886 (Two Lakhs Eighteen Thousand Eight Hundred and Eighty-Six) Equity Shares of Rs. 10/- each to the employees of the Company against exercise of stock options granted to them, in accordance with applicable SEBI (Share Based Employee Benefits) Regulation, 2014, Eros International Media Limited- Employee Stock Option Scheme 2009 and Employee Stock Option Scheme 2017 respectively.

The Company shall make necessary applications to exchanges and depositories, for their approval.

Shares of EROS INTERNATIONAL MEDIA LTD. was last trading in BSE at Rs.91.3 as compared to the previous close of Rs. 94.9. The total number of shares traded during the day was 325084 in over 676 trades.

The stock hit an intraday high of Rs. 96 and intraday low of 90.1. The net turnover during the day was Rs. 29759372.

Source : Equity Bulls

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