Cadila Healthcare allots 68249507 Bonus Shares

Cadila Healthcare Ltd has announced that the Bonus Committee of the Board of Directors at its meeting held on April 09, 2010, has made allotment of 6,82,49,507 equity shares of Rs. 5/- each fully paid-up as Bonus Shares in the ratio 1 (One) new Bonus Equity Shares for every 2 (Two) Equity Shares to the members holding physical shares as on the 'Record Date' i.e. April 06, 2010 and to the members holding shares in electronic form as per the details of beneficiaries furnished by NSDL/CDSL for the purpose, in accordance with the approval of the members at the Extra Ordinary General Meeting held on March 22, 2010.

The stock was trading at Rs.570, up by Rs.1.65 or 0.29%. The stock hit an intraday high of Rs.577.70 and low of Rs.561.25.

The total traded quantity was 4009 compared to 2 week average of 12311.

Source : Equity Bulls

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