NIIT Technologies Ltd allots 20000 shares

The ESOP Share Allotment Committee of NIIT Technologies Ltd has allotted 20,000 equity shares of face value of Rs.10/- each in accordance with the terms of ESOP 2005, on December 7, 2018. The Company has received Share Application Money on account of the said allotment aggregating to Rs.78,74,000/-.

Consequent to the said allotment the paid up share capital of the Company has gone up to 61,635,374 equity shares of face value of Rs.10/- each aggregating to Rs.616,353,740/-

The companys is in the process of completing the other formalities w.r.t. issue and listing of the said shares and will file listing application along with requisite documents with the exchange shortly for seeking listing & trading approval.

Shares of NIIT TECHNOLOGIES LTD. was last trading in BSE at Rs.1086.1 as compared to the previous close of Rs. 1079. The total number of shares traded during the day was 33483 in over 1336 trades.

The stock hit an intraday high of Rs. 1109.85 and intraday low of 1055.1. The net turnover during the day was Rs. 36219351.

Source : Equity Bulls

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