Sun Pharma Advanced Research Company Ltd allots 60,60,606 shares

The Securities Allotment Committee of Sun Pharma Advanced Research Company Ltd, has in its meeting held from 12:00 Noon to 12:45 pm today, allotted 60,60,606 fully paid-up equity shares of face value of Rs. 1 each of the Company on conversion of equivalent number of warrants consequent to the receipt of application for exercise of option along with exercise money aggregating to Rs. 1,499,999,985/- from its warrant holders.

Shares of SUN PHARMA ADVANCED RESEARCH COMPANY LTD. was last trading in BSE at Rs.188.15 as compared to the previous close of Rs. 186.45. The total number of shares traded during the day was 22609 in over 507 trades.

The stock hit an intraday high of Rs. 188.5 and intraday low of 186.3. The net turnover during the day was Rs. 4237576.

Source : Equity Bulls

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