Lupin allots 15617 Equity Shares

Lupin Ltd has announced that the Allotment Commutes of Directors at its meeting held on January 22, 2010 has allotted 15617 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. 889,213,440 consisting 88,921,344 equity shares of Rs. 10/- each.

The stock was trading at Rs.1406, down by Rs.5.65 or 0.40%. The stock hit an intraday high of Rs.1417 and low of Rs.1310.

The total traded quantity was 20254 compared to 2 week average of 38273.

Source : Equity Bulls

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