ITC allots 1740940 Shares

ITC Ltd has announced that the Company on August 17, 2009 has issued and allotted 17,40,940 Ordinary Shares of Re 1/- each, upon exercise of 1,74,094 Options by Optionees under the Company's Employee Stock Option Schemes.

Consequently, with effect from August 17,, 2009, the Issued and Subscribed Share Capital of the Company stands increased to Rs 377,61,40,500/- divided into 377,61,40,500 Ordinary Shares of Re 1/- each.

The stock was trading at Rs.228.90, up by Rs.3.60 or 1.60%. The stock hit an intraday high of Rs.229.75 and low of Rs.220.10.

The total traded quantity was 424641 compared to 2 week average of 574208.

Source : Equity Bulls

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