Redington India allots 4200 Shares

Redington (India) Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on February 27, 2010 the allotment of 4,200 (Four Thousand Two Hundred Only) equity shares of Rs. 10/- each at a premium of Rs. 120/- per share pursuant to exercise of options granted under 'Redington (India) Limited - Employee Stock Option Plan, 2008'.

The stock was trading at Rs.300, up by Rs.4.90 or 1.66%. The stock hit an intraday high of Rs.301.85 and low of Rs.296.

The total traded quantity was 2681 compared to 2 week average of 15658.

Source : Equity Bulls

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