Glenmark Pharmaceuticals allots 198560 Shares

Glenmark Pharmaceuticals Ltd has announced that the Board of Directors of the Company, at its Operations Committee Meeting held on September 03, 2009 allotted 1,98,560 shares to the employees of the Company on exercise of options granted to them pursuant to ESOS 2003.

The stock closed the day at Rs.226.25, up by Rs.6.80 or 3.10%. The stock hit an intraday high of Rs.228 and low of Rs.219.50.

The total traded quantity was 1125447 compared to 2 week average of 871651.

Source : Equity Bulls

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