Phoenix Mills Ltd allots 2700 sahres

The Compensation Committee of the Board of Directors of The Phoenix Mills Limited at its meeting held today i.e. March 20, 2019 has allotted 2700 Equity Shares of Rs. 2/- each fully paid-up to the grantees upon exercise of stock options pursuant to The Phoenix Mills Employees Stock Option Plan 2007.

Consequent upon allotment of the above shares, the paid-up Equity Share Capital of the Company stands increased from Rs. 30,65,74,202 consisting of 15,32,87,101 Equity Shares of Rs. 2 each to Rs. 30,65,79,602 consisting of 15,32,89,801 Equity Shares of Rs. 2/- each.

Shares of The Phoenix Mills Ltd was last trading in BSE at Rs.675.9 as compared to the previous close of Rs. 682.9. The total number of shares traded during the day was 971 in over 130 trades.

The stock hit an intraday high of Rs. 686.9 and intraday low of 666.9. The net turnover during the day was Rs. 662468.

Source : Equity Bulls

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