Allcargo Global allots 1994 equity shares

Allcargo Global Logistics Ltd has announced that the Committee of Directors of the Company at its meeting held on April 30, 2009, has issued and allotted 1,994 equity shares of Rs 10 each fully paid up of the Company to its employees in exercise of options granted to them under 'Allcargo Employee Stock Option Plan 2006'.

With the aforesaid allotment of equity shares, the paid up share capital of the Company has increased from Rs 223,656,640 divided into 22,365,664 equity shares of Rs 10 each fully paid up to Rs 223,676,580 dividend into 22,367,658 equity shares of Rs 10 each fully paid up.

The Stock closed on April 29, 2009 day at Rs.815.15, up by Rs.15.85 or 1.98%. The stock hit an intraday high of Rs.824 and low of Rs.786.50.

The total traded quantity was 8630 compared to 2 week average of 4540.

Source : Equity Bulls

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