GTL allots 270991 Shares under ESOP

GTL Ltd has announced that the Nomination & Remuneration Committee of the Board of Directors of the Company in its meeting held on December 21, 2009 considered and approved allotment of 2,70,991 Equity Shares of Rs. 10/- each for cash at a premium in terms of the ESOP Schemes, upon exercise of option for conversion of Warrants.

The stock closed the day at Rs.382.65, up by Rs.1 or 0.26%. The stock hit an intraday high of Rs.384 and low of Rs.380.25.

The total traded quantity was 97015 compared to 2 week average of 161597.

Source : Equity Bulls

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