Lupin allots 30460 Equity Shares

Lupin Ltd has announced that the Allotment Committee of Directors at its meeting held on January 05, 2010, has allotted 30460 fully paid up equity shares of Rs. 10/- each. These Shares have been allotted upon exercising of options granted to the employees under stock option plans of the Company.

In view of the above, the issued and paid up capital of the Company has been increased to Rs. 889,057,270 consisting 88,905,727 equity shares of Rs. 10/- each.

The stock was trading at Rs.1458.10, down by Rs.2.05 or 0.14%. The stock hit an intraday high of Rs.1474 and low of Rs.1458.

The total traded quantity was 9741 compared to 2 week average of 40817.

Source : Equity Bulls

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