Camlin allots 56000 shares

Camlin Ltd has announced that the Committee of Directors (CoD) of the Company, at the meeting held on December 07, 2009, have allotted 56,000 Equity shares of Re. 1/- each to employees who have exercised their option to apply for equity shares as per the "Camlin Employee Stock Option Scheme, 2008". The shares are allotted at a price of Rs. 16/- per equity share.

Consequent, to this allotment the paid up Equity Share capital of the Company is 6,02,14,500 Equity Shares of Re. 1/- each.

The stock closed the day at Rs.23.95, down by Rs.0.55 or 2.24%. The stock hit an intraday high of Rs.24.90 and low of Rs.23.75.

The total traded quantity was 62624 compared to 2 week average of 69883.

Source : Equity Bulls

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