Mahindra CIE Automotive Ltd allots 190,856 shares

The Allotment Committee of Board of Directors of Mahindra CIE Automotive Ltd vide its resolution passed today i.e. 20th June, 2019 issued and allotted 190,856 Equity Shares of face value of Rs. 10/- pursuant to exercise of options by the eligible employee(s) under the Company's Employees' Stock Option Scheme, 2007 and 2015.

Consequent to the allotment the issued capital increased from Rs. 3,788,091,040 to Rs. 3,789,999,600 and the subscribed and paid up capital of the Company is increased from Rs. 3,788,081,590 to Rs. 3,789,990,150.

Shares of Mahindra CIE Automotive Limited was last trading in BSE at Rs.227.75 as compared to the previous close of Rs. 226. The total number of shares traded during the day was 21793 in over 974 trades.

The stock hit an intraday high of Rs. 228 and intraday low of 221.35. The net turnover during the day was Rs. 4859299.

Source : Equity Bulls

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