Redington India allots 72380 Shares

Redington (India) Ltd has announced that the ESOP Share Allotment Committee of the Directors of the Company has considered and approved on April 15, 2010 the allotment of 72,380 (Seventy Two Thousand Three Hundred and Eighty Only) equity shares of Rs. 10/- each at a premium of Rs. 120/- per share pursuant to exercise of options granted under Redington (India) Ltd - Employee Stock Option Plan, 2008.

The stock was trading at Rs.366.55, down by Rs.1.45 or 0.39%. The stock hit an intraday high of Rs.372 and low of Rs.366.05.

The total traded quantity was 793 compared to 2 week average of 6244.

Source : Equity Bulls

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