Lupin allots 9364 Equity Shares

Lupin Ltd has announced that the Allotment Committee of Directors at its meeting held on February 17, 2010 has allotted 9364 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. 889,307,080 consisting 88,930,708 equity shares of Rs. 10/- each.

The stock was trading at Rs.1570.50, up by Rs.12.05 or 0.77%. The stock hit an intraday high of Rs.1594 and low of Rs.1565.25.

The total traded quantity was 19392 compared to 2 week average of 42776.

Source : Equity Bulls

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