Glenmark Pharmaceuticals approves allotment of 64100 shares

Glenmark Pharmaceuticals Ltd has announced that the Board of Directors of the Company at its meeting held on October 29, 2009, has approved the conversion of 64,100 stock options issued to its employees into 64,100 Equity Shares pursuant to the ESOS 2003.

The stock was trading at Rs.220.95, up by Rs.0.55 or 0.25%. The stock hit an intraday high of Rs.222.90 and low of Rs.216.

The total traded quantity was 311716 compared to 2 week average of 207045.

Source : Equity Bulls

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