Aurobindo Pharma allots 150030 shares under ESOP Scheme

Aurobindo Pharma Ltd has announced that the Compensation Committee of the Board on December 15, 2009 has approved allotment of 1,50,030 Equity Shares of Rs. 5/- each at a premium of Rs. 357.60 per share under ESOP-2004 Scheme of the Company. Consequent to the allotment the paid up share capital of the Company has increased from 53848389 Equity Shares of Rs. 5/- each to 53998419 Equity Shares of Rs. 5/- each.

The stock was trading at Rs.868.90, up by Rs.6.85 or 0.79%. The stock hit an intraday high of Rs.883 and low of Rs.853.10.

The total traded quantity was 14478 compared to 2 week average of 40849.

Source : Equity Bulls

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