Redington India allots 16250 shares

Redington India Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on February 02, 2010 the allotment of 16,250 (Sixteen Thousand Two Hundred and Fifty Only) equity shares of Rs. 10/- each at a premium of Rs. 120/- per share pursuant to exercise of options granted under "Redington (India) Ltd - Employee Stock Option Plan, 2008".

The stock was trading at Rs.305.70, up by Rs.2.70 or 0.89%. The stock hit an intraday high of Rs.321.25 and low of Rs.303.55.

The total traded quantity was 82563 compared to 2 week average of 376529.

Source : Equity Bulls

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