Jindal Steel & Power allots 252006 shares

Jindal Steel & Power Ltd has announced that the Sub-Committee of Directors at its meeting held on April 13, 2010, has allotted 2,52,006 equity shares of Re. 1/- each in accordance with the terms of Employees Stock Option Scheme (ESOS-2005). Consequently with effect from April 13, 2010 the issued, subscribed and paid up share capital of the Company stands increased to Rs. 93,14,86,088.00 divided into 93,14,86,088 equity shares of Re. 1/- each.

The stock closed the day at Rs.723.55, up by Rs.3.55 or 0.49%. The stock hit an intraday high of Rs.727.95 and low of Rs.717.90.

The total traded quantity was 206535 compared to 2 week average of 239120.

Source : Equity Bulls

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