Educomp Solutions allots 52616 shares

Educomp Solutions Ltd has announced that, pursuant to the approval of the shareholders, granted through postal ballot dated January 29, 2010, Board of Directors of the Company at its meeting held on March 19, 2010, has allotted of 52,616 Equity Shares of the face value of Rs. 2/- each at a price of Rs. 791.79 /- per share (including a premium of Rs. 789.79/- per share) to Zaptive Internet Services Pvt Ltd.

Post allotment Paid up capital of the company has increased from Rs. 18,99,24,070/- consisting of 9,49,62,035 equity shares of the face value of Rs. 2/- each to Rs. 19,00,29,302/- consisting of 9,50,14,651 equity shares of the face value of Rs. 2/- each.

The stock closed the day at Rs.767.95, up by Rs.1.65 or 0.22%. The stock hit an intraday high of Rs.775.60 and low of Rs.764.

The total traded quantity was 204882 compared to 2 week average of 453656.

Source : Equity Bulls

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