ITC allots 4247980 Shares

ITC Ltd has announced that the Company on November 18, 2009 has issued and allotted 42,47,980 Ordinary Shares of Re. 1/- each, upon exercise of 4,24,798 Options by Optionees under the Company's Employee Stock Option Schemes.

Consequently, with effect from November 18, 2009, the Issued and Subscribed Share Capital of the Company stands increased to Rs. 378,79,21,580/- divided into 378,79,21,580 Ordinary Shares of Re. 1/- each.

The stock closed the day at Rs.269.15, up by Rs.9.20 or 3.54%. The stock hit an intraday high of Rs.270.20 and low of Rs.260.

The total traded quantity was 1431152 compared to 2 week average of 547720.

Source : Equity Bulls

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